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Derringers, the tiny handguns that some people tend to view as no more than a novelty in the gun world, are often thought of as too small, too underpowered, and having a limited capacity. It’s easy to see why people would view these weapons this way; no doubt they have their limitations, but they are far from useless.
Henry Deringer (notice that’s only one “r” in his name), invented the Derringer in the mid-19th century. His name, misspelled as Derringer, became synonymous with small pocket pistols. The Philadelphia deringer (again one “r”) was a black powder, muzzle loading, single barrel pocket pistol that became a popular concealed carry weapon.
These weapons first found favor with military officers and then became very popular among civilians looking for a small, concealable handgun to carry in a coat pocket. Deringers became very popular weapons for ladies as it could easily be stashed in a purse. The Philadelphia deringer was sold in pairs to offer a second shot should the first shot fail. This compensated for such a small, short barreled pistol.
The most famous use of a Philadelphia deringer was the assassination of Abraham Lincoln in Ford theatre at the hand of John Wilkes Booth.
Source: http://www.offthegridnews.com/2013/07/05/derringer-a-unique-concealed-carry-gun/