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Back in the early 1900's, British gun companies, especially BSA, could produce guns with tolerances (when needed) in the 10ths of thousands off an inch. Generally air rifle pellets of the late 1800's /early 1900's were dire, as air rifles were little better than toys in many cases, and many were smoothbore, but the advent of the Lincoln rifle, and it's manufacture by a "proper" company, BSA, who also made their identical, but re-badged version, lead to people taking seriously pellet design and manufacture.
I have weighed and measured small batches of very early Adder and BSA waisted pellets, and weight and dimension tolerances / variations were up there with most modern stuff in terms of accuracy!
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https://www.flickr.com/photos/312284...57608030264100
ATB, ED