Produced in 1922. Fixed sights, with the two block, two line patent dates and address on the left side of the slide, and "AUTOMATIC COLT / CALIBRE 38 RIMLESS SMOKELESS" on the right side of the slide. Trigger guard is marked "48" on the right and "VP" on the left, with "PKT / COLT / 38 CAL" on the magazine. Checkered grips with banner and Rampant Colt logos.

Excellent, with 99% plus bright original factory blue finish, showing light wear at the muzzle, minor scratches on the underside of the frame, and handling marks. The case colors on the hammer are strong, fading slightly at the edges. Grips are also excellent, having taken on an attractive faded brown color with minimal dents. Mechanically excellent.