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It sounds like an S&W Model 1896, also called the First Model Hand Ejector. It is the only S&W I know of with patent dates (including July 1, 1884) stamped into the cylinder. It is chambered for .32 S&W Long (not Special) but the caliber is not actually marked on it.
19,712 were made from 1896 to 1903; values range from over $1000 for near new condition down to around $300, with an average of $400-500.
Jim
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