Colt Model 1903, .32 cal. automatic pistol.  Serial #320048, mfg. 1919.  Very good condition.  3 ½” barrel has very good bore.  Slide has 60% blue with muzzle and edge wear, numerous light scratches, crisp address markings.  Frame has 80% blue with light edge wear, marks on front strap.  Colt black plastic grips are excellent.  Correct magazine.  Action works fine – a straight, honest example.  C&R OK.