Not really. They made lots of these. This one appears in decent shape. Any decent S&W 38 in good operating condition is worth $300-$400. The grips are not original, but are decent looking. Some guys might say less, but I seldom see these guns for less that $400. That said, unless you really need the cash, if father in law need the piece, what is a couple hundred dollars?Oh a lot more than I thought. Does the serial number have anything to do with the value
I have emails from smith and Wesson the gun was manufactured between 1906-1909 it was ship out on November 1912 the historical foundation said it's valued around 400Welcome to the Forum! S&W manufactured millions of .38 M&P revolvers (blued and nickel) over many decades, so your 4" bbl. revolver is not rare or particularly valuable. However, it is over 100 years old...the s/n indicates it was manufactured sometime between 1909-1915 (94,803 were manufactured during that period)*. It is commonly referred to as a .38 Military & Police Model of 1905 3rd Change. If you're only going to charge your FIL $50, why not just gift it to him and forget the $50. Chances are that you're going to get it back in the future anyway!
*Courtesy of the "Standard Catalog of Smith & Wesson 5th. Ed".
Yes I reach out to as many channels that would give me the right information. Knowledge is power! Might keep it since it's that old 116-119 years old and fully functional. Still have the original blue finishWow, how lucky for you! You post yesterday asking for a value and less than 24 hours later you have a letter from the S&WHA telling you what they think it is worth.
My thoughts on value are, if the person is not willing to write a check for it, it is merely a guess. The next owner sets the value.
Best of luck.
+/-$400, maybe a bit more.
OP how much did you think it was worth?Oh a lot more than I thought.