The New Model No. 3 was the first revolver offered by S&W with factory target sights. Generally encountered in .44 S&W Russian, .32-44 and .38-44, this example is chambered for the scarce .455 cartridge widely used in the British Empire. Competing against Colt's Bisley, as well as the English-made target arms, New Model No. 3 Targets found many buyers overseas, and are considered one of the top competition revolvers through the close of the black powder era. New Model No. 3 frames aside from the .38-40s have been confirmed to be pre-1898. It has target sights, British proofs on the barrel, frame and cylinder, very rare 7 1/2 inch barrel, one-line rib address, right grip panel numbered to a different gun, and matching serial numbers on the butt, cylinder, barrel, and barrel latch.