The 32-20 cartridge was named three different ways:
From 1899 until 1913 - 32 Winchester CTG. (left side of barrel)
From 1914 until 1922 - 32 W C.F. CTG (right side of barrel) between 111,000 & 113,000
From about 1922-23 until the end of production (1940) - 32-20 CTG. (right side of barrel)
The barrel is quite worn, plus the "C" has a very small gap on the right, but looks totally normal + wear & rust. Difference is that you are looking at just the bottom of the stamping and it is worn down and fading.
To add a S&W stamping, look at the sideplate.
From 1899 until 1913 - 32 Winchester CTG. (left side of barrel)
From 1914 until 1922 - 32 W C.F. CTG (right side of barrel) between 111,000 & 113,000
From about 1922-23 until the end of production (1940) - 32-20 CTG. (right side of barrel)
The barrel is quite worn, plus the "C" has a very small gap on the right, but looks totally normal + wear & rust. Difference is that you are looking at just the bottom of the stamping and it is worn down and fading.
To add a S&W stamping, look at the sideplate.
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