A letter T (usually with crescents above and below) stamped near the front on the right barrel flat would indicate Twist barrels. A letter T stamped on the watertable above the serial number would indicate grade. In the lower Quality Parker Bros. hammer guns the price varied by grip style and gauge, hence there were U-, T-, S- and R-grades in the Quality 0 guns.
R-Grade was a 10-gauge with Twist barrels and a pistol grip for $60.
S-Grade was the same thing with a straight grip for $55.
T-Grade was a 12-, 14-, 16- or 20-gauge with a pistol grip for $55.
U-Grade was the same with a straight grip for $50.
Info from the "blue ink" pocket catalog, circa 1900.
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