Manufactured in 1922, one of 2,130 pistols manufactured that year as detailed on page 49 of Fred Datig's "The Swiss Variations: 1897-1947". Features fixed blade front and notch rear sights, "cross/M" proofed extension, unmarked chamber area, "cross" proofs on the extension, barrel, breech block, and frame, "GELADEN" marked extractor, lower safety position correctly polished bright, and "P54" marked on the left of the extension, indicating release for commercial sale in 1954. All matching visible full and partial serial numbers on various components including the interiors of both grip panels. Includes a "41" dated Swiss military pattern brown leather holster with suspension belt, and an extra magazine.

Excellent, retains 98% plus original blue finish and 95% original straw colors with limited minor edge wear and handling marks. Grips are also excellent with crisp checkering. Mechanically excellent. Holster is fine.