The Model 1854 is a modern revival of Smith & Wesson's Volcanic lever-action series. The rifle features polymer furniture for a lightweight feel and high corrosion resistance along with a removable magazine tube and a side loading gate for fast and easy loading and unloading. These classic features are combined with a top-mounted picatinny rail for optics mounting along with an M-LOK slot on the forearm for mounting various accessories.

This model features a 19.25-inch barrel and is chambered in .44 Magnum.