The Smith & Wesson Model 52, sometimes referred to as the 38 Master, is a semi-automatic pistol developed by Smith & Wesson for Bullseye shooting. It was one of the first semiautomatic pistols chambered in .38 Special with flush-seated, full wadcutter bullets. The shape of the rimmed cartridge limited the magazine capacity to five rounds. A variant, known as the Model 952, in 9 mm Parabellum, is still produced in limited quantities by Smith & Wesson's Performance Center. The Model 52 was discontinued in 1993 when the machinery to manufacture the pistol broke down and it was deemed too costly to replace.