The Wells Fargo Schofield revolvers became so popular with collectors from the 1970s onwards that the unique Wells Fargo markings were being "counterfeited" or "faked" by unscrupulous sellers to enhance the value of other similar versions that had not been genuinely owned by Wells Fargo & Co.
The First Model Schofield has a latch configuration that is rather pointed at the top and has a circle around the screw head at the bottom.