Introduced in 1910, the Model 3 draws heavily from the design of the Walther Model 2 but with a reconfigured ejection port. Blade front and slide groove rear sights, with "crown/N" proofs on the slide and barrel, the one-line caliber and patent markings on the left side of the slide, matching numbers on the slide and frame, deeply cut slide serrations, external extractor, checkered "CW" monogram grips and a blue finished magazine.

Fine, with 60% of the original blue finish, showing areas of brown patina, scattered spotting and handling marks and mild edge wear. The grips are fair, but the grip screw is absent. Mechanically needs adjustment; a small transfer bar spring is absent. The pistol will still discharge when inverted.