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The number 12 printed as 12-3...Sorry!
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I believe that would make it December of 1928, and most likely a "small guard" (referring tothe trigger guard). As an early production Type 14, it will command a higher price than a later "large guard" pistol (like the one shown).
Due to my senility (LOL), I stand corrected. 12.3 would, indeed, be March of 1937. I had forgotten that the year precedes the month.