This razor is a precursor to the Gillette Slim adjustable. B&B Member fidjit has written a Newbie's How-To Tell a Slim from a Fatboy Guide. The Gillette company used the name "adjustable one-piece razor" or "195 Adjustable" on what has since been dubbed the "Fat Boy" (this model). The blade adjusting dial has 9 settings with 8 clicks between them and is located at the top of the handle. The name 195 indicated the original sale price of the set, $1.95, see picture.

A variant, with the adjusting dial at the bottom of the handle, was also made. The Gillette company labeled most or all of the "Fat Boy" editions as "195 adjustable" as indicated on outer shippers and instructions. So "195" is not a unique name for either version.

Another variation was the "red dot": http://badgerandblade.com/vb/showthread.php/145476-Red-Dot-Fatboy-ID-guide-for-spotting-them-in-the-wild describes how to distinguish a "red dot" from an ordinary 195.

Description: An adjustable TTO razor with a short thick handle

Notes of Interest:

Manufacturer: Gillette

Dates in Production: 1960

Type: DE, TTO, Adjustable 1-9, Adjustable 1-5

Weight: 3 oz / 85 grams

Description: An adjustable TTO razor with a short thick handle. The adjustment dial is on the bottom of the handle, above the TTO knob.

Notes of Interest: Made only in 1960, limited production. It is not certain it was ever sold retail. There were several versions of the "bottom dialer," including one with a dial of 9 settings and one with a dial of 5. This is one of Gillette's heaviest razors. The bottom dial razors do not fit into the "standard" Fat-Boy cases and have slightly larger cases, with the magnifying glass on the right.