I think that having the lanyard ring still on it is a bonus of sorts. It will not be the beautiful shinny deep blue of other S&W revolvers of that time. It should present itself as dull with a "sandblasted" look and feel. If it locks up well and little or no end shake it may be a good example of a wartime Smith. Is there a chance you can do a serious inspection of the cylinder and how much case color is evident on the hammer and trigger? What stocks is it wearing? Kyle