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The Colt model 1903 Pocket Hammerless is a .32 ACP caliber small "M" frame pistol. 5 Years later there would be a .380 ACP version released.
The 1903 Pocket Hammerless was designed by John M. Browning and then was mass produced and sold directly by Colt. Roughly 570,000 Pocket Hammerless pistols were produced by Colt from 1903-1945 the majority were commercially sold while there also existed foreign and U.S. Government contracts.