Coincidentally, just after reading this post I happened to come across a Gun Report magazine ad by the late Ron Ogan, S&WCA member, advertising for sale 14 NM#3 Target models, all owned by Walter Winans, in various calibers. I believe these were guns from the Calhoun Norton collection. I've had NM#3 Targets in most of the calibers from .32/44 through .45 Schofield. Incidentally, Target models in .45 calibers will only letter as .45 Cal., as that is the way most were entered in the shipping logs, although the invoices may say .45 Ely. .45 Webley, .45 Schofield, etc. Ed.
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