As Bam-Bam said, if he takes it to a gun shop he will not get more than $500. More likely, they will really low-ball him to the tune of $200 - $300. They will say "Revolvers just don't sell any more, the rust will scare away collectors, it's too big and heavy for concealed carry, blah, blah, blah." In their defense, it may indeed be on their shelf a long time.
Most of us say that any N-Frame S&W is worth $500 if it is in good functioning condition. Obviously, this one is a cut above that. My wild guess at a fair price between friends is $600.
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