It's no secret that I am a fan of the Dan Wesson line of Revolvers, see:
Dan Wesson has been in and out of business several times. (They are currently a wholly owned subsidiary of CZ-USA) The reason is, that despite an excellent product, DW was plagued by bad business decisions, or perhaps charitably what could be called "right decisions at the wrong time".
In the 80's, when the hot item was high capacity 9mm self-loading pistols, Dan Wesson concentrated on marketing .357 revolvers.
In the 90's when state after state was adding right to carry CCW laws, Dan Wesson concentrated on marketing extra-large framed revolvers for Silhouette shooting. (and stopped making small carry revolvers)
In the 00's, when companies such as Smith and Wesson were busy introducing new large framed revolvers, DW decided to enter the very crowded 1911 market.
Now the DW .357 Revolvers are very good revolvers. At roughly midway between a Smith K and L frame they are as robust as an L frame, and handle almost as well as a K frame. Their tensioned barrel means they can outshoot almost any Smith product, and their modular nature makes them far more versatile.
The .445 Supermag (a lengthened .44 magnum) was introduced as metallic silhouette shooting was loosing it's popularity. It's actually far to powerful for silhouette, .44 mag and .357 Maximum are sufficient to the task. It's an incredible hunting cartridge though, with greater penetration, ballistic coefficient, and retained energy than the .454 Casul.
The DW 1911 series is frankly very good, but lets face it, it's a pretty crowded field right now. ( I still want a Dan Wesson 10mm Bobtail Commander though)
All of these products were simply cursed by being introduced or marketed at the wrong time.
In my opinion though, their greatest business failing was when they discontinued their snub offering, again, ironically, just as states were passing pro carry legislation.
The Dan Wesson Model 38P was a 5 shot snub nosed revolver, essentially the same size as a Smith and Wesson J frame. As with standard DW nomenclature a 7 in front of the model number indicates a Stainless Steel gun. (Smith uses a 6 for this purpose, obviously 7 is one better than 6)
Now, on a Smith, you look under the crane to determine the model number, on a Dan Wesson, you need to look in the catalog, as the model number is nowhere on the firearm itself. As a result, the 38P/738P earned a variety of nicknames and was generally (and affectionately) referred to as the "Little Dan" or "Lil' Dan" revolver.
The lil' Dan is actually a fairly rare little piece. I have only ever seen one example in the flesh, and seen a total of two ever offered for sale. Because of it's rarity, I know a good number of folks who actually doubt its existence.
Values tend to be fairly low, both because the Dan Wesson name is not that well known, and because the primary buyer for such a piece would be someone who already owns a Dan Wesson revolver, and wants a matching CCW, (identical controls and all that)
I can say for certain however that the lil' Dan does in point of fact exist, and offer the following as photographic evidence. In the first picture one can see the forward mounted cylinder lock that DW was known for. The second image, though somewhat out of focus, shows the nut for the removable barrel and shroud that the Dan Wesson is famous for.