[Ron Smith]

I don't believe it's refinished in the conventional sense. I think it's a commercial assembled from reworked Imperial parts. The military serial number was shaved from the front of the frame, and the barrel extension which resulted in the "scallop". And was machined away prior to it's transformation to an alphabet commercial.

If the received had been buffed or filed and reblued to this extent, it would have removed the C/N as well as the SA stamp completely. I believe both of these marks were applied after it's being reworked to a commercial configuration.

DWM was struggling to stay alive in the early post war years, and were turning commercials out as fast as they could from any parts available.