The Falcon is quite a mysterious camera, because not much is known about it. Only 2500 were produced in 1897 and 1898. It takes pictures of 2 x 2.5 inch (5 x 6,5 cm) on daylight loading rollfilm and cost $ 6.00.
The box is slightly bigger than the famous Pocket Kodak and the Falcon looks very much like a black 1895 version of the Pocket Kodak. It even has the same sector shutter.
Maybe the Falcon was meant as a larger sized alternative for the Pocket Kodak, the former producing pictures of nearly double the size of the latter. I can imagine George Eastman hoped to repeat the success of the Pocket Kodak. But maybe the Falcon was just meant to compete with the Blair Baby Hawk-eye, that looks like a twin of the Falcon and takes pictures of the same size. The Baby Hawk-eye was introduced a year before the Falcon, in 1896.
This simple $5 No. 2 Falcon box camera took pictures of 3.5 x 3.5 inch (9 x 9 cm) on a spool of daylight loading film for 12 or 18 photos. It was introduced in September 1897.
The only special feature is that the shutter had to be cocked by turning a small key (or knob) on the front panel, below the lens opening. The simple Kodak box cameras of the late 1890's usually have a shutter that does not have to be cocked manually.
The No. 2 Falcon was advertised as a bicycle camera. Combining bicycling and snap-shot photography was popular during the last years of the 19th century, and many cameras of that era were advertised as bicycle cameras.