Manufactured in October of 1932, the second year of production. Has a brass bead front sight and an elevation adjustable rear sight. The top tang is factory tapped for mounting a rear sight. The barrel has the first style inscription and has the "W/P" in an oval proofmark at the breech. The receiver is also stamped with the proofmark. Mounted on an 11 groove flat bottom forearm and smooth pistol grip stock with a checkered steel buttplate.

Extremely fine 90% plus of the original blue finish remains with cycling and high edge wear along with scattered minor scratches and dings. The wood is very fine with scattered scratches, dings and wear. Mechanically excellent.