Probably a Victory Model modified by Parker Hale after the war to make it more "saleable".
Lots had the 5 inch barrels cut back to snubnose length, eliminating the front support for the extractor rod.
Sounds like the gun in question was originally a .38 S&W and may have had the chambers lengthened to enable use of .38 Special. Not a wise practice.
Minimal value in my opinion. $125.00 or so.
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