.32-20 HE

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A date for serial number 128xxx would be?
Middle of the 20s ,, is my Guess. 1925-26? (more) help will arrive to your thread, We love the Winchesters. Personally I struggle with an O-sea-D disorder BECAUSE of them.
She "should be wearing round top (beautiful) wood stockings! with diamonds!

VALUE
Serial Number and Caliber make your pistol desirable to Many but you've provided no photos.
The difference between Good & Very Good is where the spread of my price range originates.
My opinion of a Very Good Winchester Model would be 7-$850 the same pistol in Good 5-$600.

IF by chance,, your Winchester is equipped with Target Sights. $3000 probably wouldn't be out of the realm of reality.
 
Here is mine, shipped October 1921 per S&W Historian. Condition is everything, especially with these real oldies. The ammo is extremely hard to find and quite expensive when you do. I don't reload, but I sure save the Starline brass that my HSM factory ammo is made with.

For value we definitely need some pictures. Mine was $400 at the time a few years ago if I remember correctly.

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In the early 1920s, S&W changed the right side barrel caliber stamping from ".32 WCF" to ".32-20 CTG". My 6" .32-20 HE, aka Model 1905 4th Change, is ca. 1924 (s/n 118705). 1905 4th Change revolvers were manufactured from 1915-1940 with 4", 5", or 6" bbls. I'm thinking that yours was manufactured sometime in the early to mid-1930s, and its value would depend upon condition and features. Pictures would certainly help to better ID your revolver. Enjoy!
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From about 1922-23 until the end of production (1940) - 32-20 CTG. was stamped on the right side of barrel. Before that, it was 32 WCF. It is impossible to determine value without good images to study. Standard 32-20 M&Ps sell for anywhere from $300 to $600 today, while target guns sell from $600 to $1500 typically. I have one in 111,000 serial number range that shipped in August 1924 with a 32 WCF stamping. I would estimate this one is in the $1500 range.

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