I think that's an OK price.The gun shows honest wear, but has not been abused. It should be shootable, but you might want to give it a detailed cleaning before shooting it.

The safety issues on wartime .38s involved two issues that don't (or shouldn't) apply in your case. First, there was a single incident in which a loaded revolver was dropped. It landed on its hammer and discharged, killing a sailor. The S prefix shows that your gun had the safety improvement (hammer block bar) that the company designed and installed following this sad event. I say "had" because that would have been its original configuration. It should still be there unless someone has removed it. If inexperienced gun owners take the sideplate off, sometimes the hammer safety bar is left out because unless you put it back in exactly the right position, you can't get the sideplate back on.

The other problem involved thousands of guns manufactured in the 38 S&W caliber for British wartime use, also called .38/200 models. After the war, many of these were modified to chamber .38 Special rounds, but .38 special cases can bulge and sometimes split in the modified chambers. If your gun says .38 SPECIAL CTG on the barrel, this does not apply to you and it is safe to shoot.

As someone said earlier, you have a classic gun. Congratulations.

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David Wilson