Colt introduced Match Target Woodsman in 1938, with its own serial number series beginning at MT1 and continuing until 1944 with serial number MT16611. New features included larger grips, heavier barrel (6.625") and rear sight fully adjustable for both windage and elevation. To signify its intended market, a Bullseye Target pattern was placed on side of barrel. That led to its nickname "Bullseye Match Target". Elongated one-piece wrap-around walnut grips also picked up a nickname due to their unusual shape. Unfortunately, the so-called "Elephant Ear" grips are somewhat fragile and often broken. In addition, many serious target shooters of the day replaced them with custom grips with thumb rest and palm swell. Original grips were set aside and eventually lost or discarded. For those reasons, original grips are often missing and that severely affects value. Values listed assume original one-piece walnut wrap-around Elephant Ear grips, no cracks, repairs or modifications and a correct Match Target marked magazine. Values listed for Fair and Poor condition are primarily salvage value and reflect the high value of original "Elephant Ear" grips and Match Target marked magazines for spare parts. Approximately 11,000 produced for civilian market from 1938-1942.