Waning

No

Yes, they made it.

THey were made by crescent firearm company.

Crescent operated from 1893 to 1930. There doesn't seem to be any source to pinpoint dates of manufacture by serial numbers. Crescent was a subsidiary of H&D Folsom Sporting Goods, New York. Many of their products were sold through Folsom's retail outlets, but Folsom was also a large wholesale dealer and many Crescent guns were marked with the names or trademarks of other retail chains and even independent hardware stores.