Smith & Wesson Model 657 No Dash Stocking Dealer Program .41 Rem Mag Revolver, 3-Inch Heavy Barrel — 1986
This Smith & Wesson Model 657 “No Dash” comes from the 1986 Stocking Dealer Program, a limited run of roughly 1,500 stainless N-frame revolvers chambered in .41 Remington Magnum. Built with a 3-inch heavy, full-lug barrel and a round-butt frame, it represents the first stainless counterpart to the blued Model 57 and is notable for its pre-MIM, pre-lock construction. The brushed satin stainless finish, factory combat trigger and hammer, and Goncalo Alves finger-groove stocks make this revolver an attractive piece for shooters and collectors alike.
Condition
Overall Condition: Excellent condition, showing only faint signs of any prior use or handling.
Bore Condition: Excellent – Clean, mirror finish, sharp lands and grooves.
Specific Condition Notes: Carbon scoring and light scratches are present on the cylinder and frame surfaces.
What’s Included
- Smith & Wesson Model 657 No Dash Stocking Dealer Program revolver
Produced in 1986, serial prefix “ANN” verifies its first-year status within the Stocking Dealer Program. This one-year offering paired the potent .41 Magnum chambering with a compact 3-inch barrel, giving users full N-frame power in a carry-friendly size.
The revolver retains its original wide, smooth combat trigger and wide, checkered spur hammer—both forged components made prior to S&W’s later MIM transition. The action operates in double- and single-action modes, providing a crisp break and positive reset.
Its heavy, full-length under-lug barrel and six-shot, unfluted cylinder are machined from stainless steel and finished in a brushed satin sheen that matches the frame. Sights consist of a red-ramp, serrated front blade and a fully adjustable micrometer-click rear, delivering a clear sight picture for precise shooting.
Factory Goncalo Alves hardwood combat stocks feature finger grooves and a round-butt profile unique to this limited release, enhancing control while preserving the revolver’s distinctive 1980s styling.

