The New Model 3 dominated target competitions in the late 1800s, and are found in the serial number range below 4,333. Of the 4,333 target variations manufactured, only 1,413 were chambered in .38-44 caliber. It has target sights, two-line rib marking ending with the reissue patent date, and matching serial numbers on the butt, right grip panel, cylinder, barrel and barrel latch.

Excellent, retaining 98% original nickel finish showing some light flaking mostly along the edges of the grip straps. 90% original case colors remain on the hammer and trigger guard. The grips are very fine with a hairline crack on the bottom (left panel), some scattered minor handling marks and crisp checkering overall. Mechanically excellent.