Manufactured in 1931, this is an outstanding original example of a pre-World War II Colt Ace semi-automatic pistol. Blade front and adjustable notch rear sights, the two-line address and patent dates on the left side of the slide, the Rampant Colt ahead of the serrations, and the Colt Ace logo and caliber markings on the right. The frame is marked "20" on the right side of the trigger guard, "3/VP" on the left and fitted with a short checkered trigger, wide checkered hammer, checkered arched mainspring housing, a set of fully checkered grips, and a two-tone magazine with Colt Ace marked base. Includes the original Colt factory box with original numbered factory test target, instruction manual, and small manual.

Excellent, retains 98% of the original blue finish with some light wear on the leading edges of the slide showing a bright grey patina, and some scattered light handling marks. The grips are also excellent with only the slightest handling marks and crisp checkering. Mechanically excellent. The box is fine with some mild wear/flaking on the edges and one of the lid corners separated. A Colt Ace model pistol that would be difficult to improve upon!