Very nice 'Safe and Loaded'. It was one of a 2000 gun contract by Stoeger (approx. S#'s 89700 to 91700). Not easy to find. I would think it would be even harder to find in Italy. These use to sell for $1500-$1800 range here in the US.
BTW, Kenyon got it wrong by calling them 1923 Commercials... S#'s 75000 to 92000 were made from 1919 to 1921. The 'Safe and Loaded' contract was at the end, so probably made in 1921.
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Mike C.
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