This is a very rare example of a New Model No. 3 Target .32-44 Revolver serial numbered in the regular .44 New Model No. 3 serial number range, one of only 50 known to have been manufactured in this series. Matching serial numbers are found on the butt, cylinder, barrel and barrel latch. The barrel rib has the one-line address, and the left side of the barrel has the rare caliber designation "32-44 S&W CTG." The period initials "HHV" in attractive script on the bottom of the left grip panel are for H. H. Vanduesen, to whom this rare S&W was shipped on Oct. 9, 1903, per the factory records.

Excellent, retaining 97% original nickel finish with loss mostly at the muzzle end and faint aging. 80% original case colors remain on the hammer and trigger guard. The grips are also excellent with a few minor handling marks and crisp checkering. Mechanically excellent. A highly attractive New Model No. 3 Target Revolver in rare .32-44 caliber.