Comparing your revolver to those in excellent condition, you will start to see the deficiencies that result in low value. Silver plating is very worn and still flaking, bottom edges of stocks were sharp on unworn examples, stocks are dented and cracked, no bluing left on barrel, all edges on barrel are worn and rounded. Not your fault, as it is a well worn carry gun of old times. I have regularly seen these sell at auction for $250.
Can you shoot it? Technically yes, but you first need to perform safety checks to make sure that every chamber locks up securely and properly. Also need to make sure that the hammer can not be pushed off full cock, and thirdly you need to be certain there are no cracks in the cylinder, barrel or frame. To me, the gun looks as if it has not been shot too much, but rather received its wear in someone's vest pocket. The face of a often shot Model 1 is usually pitted from black powder residue.
CCI used to make a few 22 Short rounds that offer low pressure options for a gun like yours. 22 BB, 22 Caps and 22 CB Shorts would all work in that gun, but I do not believe the first two are being made any more. Do I shoot my Model 1s, yes I do - would I recommend that you shoot your Model 1, no I would not because I cannot be sure the revolver is sound enough to shoot.
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Gary
SWCA 2515
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