Not serious, as it can be replaced, but all of them I have seen have a lanyard swivel or a hole. More important is originality, and whether it has been converted from .38 S&W (or .38-200) to ,38 Special, if it has been refinished, or if the barrel has been cut down. In any event, it's a common revolver, with no great collector value unless it's in perfect original condition. It's mainly a shooter.