The accepted meaning of "No warning" when referring to guns is that the model/year of gun was produced prior to warning labels being placed on the barrel. It has nothing to do with safety and is simplya premium being placed on guns that don't havewarning labels such as ruger's etc imprinted onthe barrel which many feeldetract from the beauty of the firearm while adding no safety value. Basically they are selling agun as it would look without the idiotwarning. To some collectors/ shooters it is sort of like buying a porsche with a big label across the hood that says people who come in contact with the front of your car when its moving may suffer serious injury, not really needed and sure is ugly.take care.