Great letter.

The letter doesn't state the bright blue finish was a premium option, just that it has it, like it has a Patridge sight, Th, TT, and checkered stocks; all of which were standard items on that model and that vintage.

After the war and Prior to ~1955, the bright blue was a premium option costing about 15% extra (except on the 357 Magnum). These are the only models that would have a premium resale value.

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Jim
S&WCA #819