Currently available factory .38 S & W (again, not Special) would be fine for this gun; it is intentionally loaded light because of older guns such as yours.
Yours appears to be in much better than average condition for a gun of this era. If its mechanical condition matches the finish (lightly used) and it has not been reblued I would guess $400-500; if refinished, probably half that.
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Alan
SWCA LM 2023, SWHF 220
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