S&W Model 1854 Review: .44 Magnum Goes Modern

in Authors, Expert Guides, Firearms, HUNT365, Mitchell Graf, Rifles

Estimated reading time: 11 minutes

The Smith & Wesson Model 1854 drags the classic .44 Magnum lever gun into the modern era with a threaded barrel, optic rail, M-LOK slots, and suppressor-ready performance. It also delivered sub-inch groups, ran without a mechanical failure, and put 10 rounds on steel in 5.5 seconds.

Watch the S&W Model 1854 review:

Smith & Wesson Gives the Classic Lever Gun Modern Teeth

Smith & Wesson’s legacy in firearm craftsmanship spans generations, beginning with founders Horace Smith & Daniel Baird Wesson. Their innovative spirit laid the foundation for the company’s 170-year journey.

Recently debuted at SHOT Show 2024, the Model 1854 Series pays tribute to this heritage while offering a modern twist on the classic lever-action rifle. It blends tradition with contemporary design instead of forcing shooters to choose between the two.

Featuring a threaded barrel, M-LOK slots, and a Picatinny rail, the Model 1854 is meticulously engineered to provide enthusiasts and collectors with an authentic shooting experience rooted in history. The real question is whether all those modern features make it perform better, or merely make an old-school design look tactical.

S&W Model 1854 .44 Magnum Specifications

ActionLever
Caliber44 MAGNUM
Capacity9
Optic ReadyYes
Threaded BarrelYes
Width1.6 in
Length36 in
Weight108.8 oz
SizeRifle
Barrel Length19.25
Barrel Material410 SS
FrameStainless Steel
MSRP$1279

What Comes With the S&W Model 1854?

In the realm of lever actions, accessories often take a backseat. The Model 1854 arrives from the factory with the bare essentials: an owner’s manual, a pre-installed Picatinny rail, and a gun lock. It is a minimalist approach, but truly, all you require besides that is a couple of boxes of ammunition.

Smith & Wesson Model 1854 .44 Magnum rifle with the factory manual, Picatinny rail, and included gun lock
The Model 1854 and all included accessories

A Threaded .44 Magnum Barrel Built to Run Suppressed

This 19.25″ 410 stainless steel barrel shot well and features 11/16”-24 threads for using other muzzle brakes or suppressors. The 1:20″ RH twist 8-groove rifling had no problem stabilizing 200-300gr projectiles.

I fired this rifle nearly 100% suppressed and without an issue. Utilizing a threaded barrel really helps bring a lever gun into the modern era, and shooting one suppressed was a great experience. I will say the added forward weight made the Model 1854 a little front-heavy, but this is the case for any suppressed rifle.

Smith & Wesson Model 1854 stainless steel barrel showing its 11/16 inch-24 muzzle threads and thread protector
Barrel featuring 11/16″-24 threads and thread protector

One Muzzle Device Problem Worth Knowing Before You Buy

I found that some muzzle brakes may block the removable magazine tube. I was using a Silencerco ASR muzzle brake, which was just wide enough to trap the mag tube and prevent it from being removed. Otherwise, this caused no issues.

Silencerco ASR muzzle brake mounted on the Smith & Wesson Model 1854 and blocking removal of the magazine tube
Silencerco ASR muzzle brake is too large to take the magazine tube off

Ghost Rings or Red Dot: The Model 1854 Handles Both

For those trying to run the Model 1854 right out of the box, it features a gold bead front sight and an XS ghost ring rear sight. However, for those who want to truly bring this lever gun into the modern era, it utilizes a top Picatinny rail.

This allows for mounting scopes or red dots such as the Vortex Defender-ST, which I immediately installed when this rifle arrived. The receiver is drilled to accept any mounts compatible with Marlin 1894 hole patterns.

Sight picture through the XS ghost ring rear sight on the Smith & Wesson Model 1854 lever-action rifle
XS ghost ring rear sight
🛒 Check Current Price for Smith & Wesson Model 1854 on GunsAmerica

Torque the Model 1854 Picatinny Rail Before Shooting

One thing to note is that the top Picatinny rail should be torqued down upon arrival. While mine felt tight originally, after shooting it, the top Picatinny rail had worked loose. I heard of someone else having this issue as well, so avoid the headache and torque it down when you get it.

Smith & Wesson Model 1854 receiver with its top Picatinny optic rail and XS ghost ring rear sight
Picatinny rail with XS ghost ring rear sight

Lightweight Synthetic Stock Tames Heavy .44 Magnum Loads

The black synthetic stock is simplistic and sleek. It is thin and lightweight, yet still provides a solid cheek weld. There is a rubber butt pad about 1/2″ thick that provides great padding for taming 200-300 gr projectiles getting launched out of the Model 1854.

Near the trigger, the grip utilizes what I would call aggressive texturing. It is not as rugged as some pistol grips, yet it provides a great non-slip hold.

Black synthetic stock and aggressive grip texturing on the Smith & Wesson Model 1854 .44 Magnum rifle
Synthetic stock with aggressive grip texturing

The stock features a single sling swivel stud, and the forend cap also has a sleek sling swivel hole machined right into it. At first glance, I was wondering how I would mount a sling, but I appreciate the integration of a sling swivel into the metal forend cap.

Smith & Wesson Model 1854 lever-action rifle showing the sling swivel hole machined into the metal forend cap
Machined sling swivel hole in the forend cap

M-LOK Furniture Turns the Model 1854 Into a Working Rifle

This lever action is as functional as it is sleek. The polymer furniture remains lightweight, coming in at only 6.8 lbs. The forend features M-LOK slots at the 3, 6, and 9 o’clock positions for ease of mounting accessories such as bipods and weapon lights.

This made mounting my Valhalla Tactical weapon light quick and easy. While the mount I had placed the light’s tail cap farther back than I would have preferred, a cantilever mount would solve this problem.

Valhalla Tactical weapon light mounted to the M-LOK handguard of a Smith & Wesson Model 1854 rifle
The flat M-LOK slots make mounting weapon lights such as the Valhalla Tactical easy

The handguard and stock are easily interchangeable and compatible with Marlin 1894 pattern forends and stocks. This allows for multiple customization options. However, I find the Model 1854 to be configured perfectly right from the factory.

M-LOK accessory slots and aggressive polymer texturing on the Smith & Wesson Model 1854 handguard
M-LOK slots and aggressive texturing

The Flat-Faced Trigger Breaks Cleanly at 3.75 lbs

Smith & Wesson uses a flat-faced trigger with the Model 1854, and it feels good. The slack is clean, and the wall is well-defined. Pulling past it, the rifle I received has the tiniest slip of creep before breaking, but this is hardly noticeable. I measured the trigger weight to break at 3.75 lbs consistently.

Flat-faced 3.75 lb trigger inside the enlarged lever loop of the Smith & Wesson Model 1854
Smith & Wesson Model 1854 flat-faced trigger

The trigger guard is large to allow for use with gloves, and even the loop is enlarged for quicker weapon manipulations. One thing I found interesting is that there is forward spring pressure on the trigger except for past the wall once fired.

This means that it kinda flops around with or without the hammer cocked. S&W let me know this is normal, but it is just not something I am used to.

S&W Model 1854 Accuracy: Sub-Inch Groups at 50 Yards

Throughout this review, most of the ammunition used was either an assortment of Hornady or Magtech supplied by Ammunitiontogo.com.

They are the official ammo sponsor for this review and offer a wide selection of competitively priced ammunition. For this review, I ordered some ammo, and it was on my doorstep within the week. Easy-to-use online website, insanely quick shipping, and competitive prices. Go check them out!

Smith & Wesson Model 1854 .44 Magnum rifle displayed with six boxes of Hornady ammunition used during accuracy testing
Testing out some various Hornady 44 Magnum ammunition

Aiming to test the precision of the S&W Model 1854, I used an assortment of various Hornady ammunition. I proceeded to shoot 3-round groups from 50 yards.

I got multiple sub-inch groups with Hornady 200gr XTP, which seems reasonable for a rifle chambered in 44 Magnum. Also, to help show what sort of velocities I was getting when shooting suppressed, I used a Garmin Xero C1 chronograph and listed my results in the table below.

AmmunitionAVG Velocity (ft/s)Group Size (inches)
Hornady 200gr XTP20900.883
Hornady 225gr FTX18842.290
Hornady 240gr XTP18871.575
Smith & Wesson Model 1854 .44 Magnum rifle resting across 50-yard paper targets beside test ammunition
Groups shot from 50 yards

Fast, Smooth, and Reliable: Running the Model 1854 Hard

Throughout this review, I never encountered any mechanical issues with the S&W Model 1854. Everything ran as it was designed to do. The rubber butt pad made shooting 300gr Hornady leisurely.

Also, the aggressive texturing on the polymer furniture made it easy to run this lever gun quickly with a solid grip. The action is smooth, and I even shot 10 rounds in 5.5 seconds, getting all hits on steel at 20 yards.

Watch the Model 1854 speed test: See the rifle put 10 rounds on steel at 20 yards.

Reloading Angle Matters More Than You Might Expect

One thing I found out during this review is that the orientation of the gun matters when reloading. If the gun is turned to the right, the shell you are trying to load may bind up or fall out completely when working the operating lever.

While I don’t have much lever-action experience, I don’t think this is unique to the Model 1854. I think this is more of a downside of lever guns in general.

This makes unconventional positions, such as lying on the ground and shooting through a port in a VTAC board, more tricky. However, if the gun is kept with the ejection port facing either to the side or toward the sky, I didn’t have this problem.

Shooter testing the Smith & Wesson Model 1854 lever-action rifle from a challenging position through a VTAC barricade
Shooting from some challenging positions using a VTAC board

The Only Real Hiccups During the Model 1854 Review

My only other hiccup was that the Picatinny rail worked itself loose on me. While I didn’t verify it was torqued correctly upon arrival, I would recommend torquing it down as soon as the rifle is received.

Otherwise, everything ran great, and I thoroughly appreciate all of the modern features incorporated into the Model 1854. The loose rail is worth addressing before the first range trip, but it did not turn into a mechanical reliability issue with the rifle itself.

S&W Model 1854 Pros and Cons

  • Pros: Smooth and reliable action, threaded 19.25″ barrel, effective recoil pad, useful M-LOK slots, optic-ready Picatinny rail, Marlin 1894 furniture compatibility, clean 3.75 lbs trigger, suppressor-friendly operation, sub-inch accuracy with Hornady 200gr XTP, and fast handling.
  • Cons: The Picatinny rail worked loose during testing, some muzzle devices can block magazine-tube removal, suppressor weight makes the rifle front-heavy, the trigger can feel loose after the break, and cartridges may bind when cycling the rifle at certain angles.

Final Verdict: Is the S&W Model 1854 Worth $1279?

When it comes to modern lever actions, the Smith & Wesson Model 1854 perfectly blends a classic aesthetic with modern functionality.

It maintains the slim and lightweight profile lever guns are known for while incorporating a Picatinny rail, threaded barrel, M-LOK slots, and aggressive texturing on its polymer furniture. Those upgrades feel integrated into the rifle rather than bolted on as an afterthought.

This lever gun ran great throughout my testing and handled 200-300gr ammunition with ease. It ran well suppressed, and I might subjectively add that it has a very good balance and feel to it.

Coming in with an MSRP of $1279 and a street price of around $1179, this is going to be a solid contender in the modern lever-action market. Torque the optic rail, check muzzle-device clearance, and the S&W Model 1854 offers a compelling mixture of .44 Magnum power, classic lever-gun handling, and genuinely useful modern hardware.

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  • Michael B Crooks July 12, 2024, 6:45 pm

    HI,
    Reloading is making ammo. Cycling the action says it much better…Ehhhh?

  • J C June 10, 2024, 12:45 pm

    Junk- my 1940’s Winchester ‘94 shoots tighter. If it ain’t broke- you know the rest

  • Beobear June 10, 2024, 12:28 pm

    There’s plenty to like about this rifle but the cons are enough to make me say “nope”. Mainly I really, really dislike this magazine design. It’s like they looked at the Henry design and said “hey, that’s a great design but we’ll do something different instead which will be problematic and short the buyer capacity on top of it all”. Then there’s the pistol grip stock that just looks wrong on a rifle shooting pistol calibers. A straight grip stock would have looked much better. I think they got pretty close but this design just isn’t competitive with what’s currently available.

  • Dave Wood June 10, 2024, 11:10 am

    Pretty expensive for the average Joe. I can see why they are re-imagining the classic guns because of the impending doom of semi-auto firearms.

    • Beobear June 10, 2024, 1:44 pm

      Worry not, that GO SAFE act will be DOA. It’s nothing more than McBath throwing everything at a wall that won’t stick so she can say “See!! I tried!”. She knew it would never make it through congress and was chock full unconstitutional BS. It’s just politics. Our semi autos aren’t going anywhere.

  • Frank June 10, 2024, 10:35 am

    Can’t help it… all my lever guns are minimalist, as they were designed to be. The only upgrade is replacing the rear leaf with a receiver mounted aperture. At distances up to 200 yds., the aperture works well enough. I could probably talk myself into getting an all-weather or stainless model, but for now mine are blued steel and walnut. Yes… I’m showing my age!

  • Carl Gutierrez June 10, 2024, 7:37 am

    Well,
    I purchased an 1854 all weather and I ran the action four times and it broke with the lever jammed open. I never even got to fire the rifle. The problem was the magazine tube plastic end cap came apart from the tube and broke, jamming the action open. I contacted S&W and they stated they new it was a problem but was handling this problem in an individual basis. S&W stated that I had to send the rifle back because the magazine tube is a fitted part, they sent me a return label with no expected time on when it would be fixed due to numerous repairs of the 1854 being done. Buyer beware on this rifle. I am highly disappointed with S&W and an expensive rifle!

    • Mike in a Truck June 10, 2024, 2:44 pm

      Ha! Like thire handguns, the customers the O.C. department!

    • Carl Gutierrez July 8, 2024, 7:42 am

      Update:
      Well, I finally received my broken 1854 back from S&W and guess what, S&W put a new plastic magazine follower in the old tube and repaired the tube. I was told by customer service that they would replace the bad magazine tube for a new one. The note in the box stated repaired and tested. Well they tested it alright and sent it back to me DIRTY AS HELL! I will never buy another S&W product if this is what they have become. Oh and there was no letter of sorry this happened, nothing! Don’t make the expense mistake I did and buy this hunk of junk from S&W!