Smith & Wesson Model 16-4 S&W K-32 Masterpiece .32 H&R Mag 4″ Revolver 1990

SOLD FOR: $1,477.00

LSB#:   LSB251028JS009

Make: Smith & Wesson

Model: 16-4, K-32 Masterpiece

Serial Number: BFM3466

Year of Manufacture: 1990 / Modern (Standard Catalog of Smith $ Wesson)

Caliber: .32 H&R Magnum

Action Type: DA/SA Double Action & Single Action Revolver with Swing-Out Cylinder

Markings: The left side of the barrel is marked “SMITH & WESSON”, the right side “.32  MAGNUM”. The side-plate is marked with the S&W logo and the right side of the frame with the four-line Marcas Registradas address. The crane cut is marked with “MOD 16-4” and serial number “BFM3466”. The butt of the grip frame is marked with the serial number. The Crane and sides of the grip frame have inspection marks. 

Barrel Length: 4”, Pinned

Sights / Optics: The front sight is a Patridge front sight on a ramped base on the rib. The rear sight is a square notch leaf in a base that is micro-click adjustable for windage and elevation.

Stock Configuration & Condition: The grips are two-piece Goncalo Alves “Combat” grips with finger grooves and gold S&W medallions. The inside of the grips are marked “42” and “SEP 13, 1990”.

Type of Finish: Blued, Case hardened Hammer & Trigger.

Finish Originality: Original

Bore Condition: The bore is bright and the rifling is sharp. There is no erosion in the bore. The bore rates at 10/10 in this writer’s opinion.

Overall Condition: This handgun retains about 97% of its current metal finish. There is minimal thinning and finish loss on the edges.  There is slight thinning of finish on the cylinder.  The cylinder has a thin turn line.  Overall, this revolver is in Fine condition. 

Mechanics: The action functions correctly. The double-action trigger is smooth and the single action extremely light and crisp. The cylinder produces very little play in lockup on each of the six chambers with the trigger depressed. We did not fire this handgun. As with all used firearms, a thorough cleaning may be necessary to meet your maintenance requirements.

Box, Paperwork & Accessories: none.

Our Assessment: The Smith & Wesson K-32 Masterpiece, designated as the Model 16-4, represents a late and refined chapter in Smith & Wesson’s long-running tradition of precision K-frame target revolvers. The K-32 lineage dates back to the prewar era, when Smith & Wesson established the “Masterpiece” line as the gold standard for balance, accuracy, and shootability. By 1990, the Model 16-4 reflected a modernized interpretation of that philosophy, combining classic blued steel aesthetics with contemporary chambering and production methods while retaining the elegant proportions that defined the K-frame.

Chambered in .32 H&R Magnum, this revolver showcases a cartridge developed to offer mild recoil, excellent accuracy, and efficient ballistic performance in a compact revolver format. The .32 H&R Magnum has earned a quiet but loyal following among experienced revolver shooters who value controllability and precision over brute force. In a 4-inch configuration, the Model 16-4 balances exceptionally well, aided by its Patridge front sight and micro-click adjustable rear sight, features that underscore its target-oriented roots and practical versatility.

This example retains approximately 97 percent of its original blued finish, with only minimal edge thinning and a light cylinder turn line consistent with limited use. The bore is exceptionally clean with sharp rifling, supporting the revolver’s strong overall presentation. Fitted with factory Goncalo Alves combat-style stocks dated to 1990, the revolver presents as a well-preserved and highly representative example of a late-production K-32 Masterpiece, blending traditional Smith & Wesson craftsmanship with a cartridge choice that emphasizes finesse and shootability. Please see our high resolution photos for a better understanding of condition and good luck on your bids!!!

BF