Help with M&P

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I bought a bunch of guns from a lady who's husband died. In the bunch are two S&Ws. One is a 1924 M&P. Its in good condition with Nickel plate. The hammer and trigger are also nickel plated. I don't think they came from the factory with nickel plate on the trigger and or hammer. The grips are period after market grips. Frazier I think. bore is very good. I was told by some on other forums say its not collectible and its only worth 200 dollars. Thanks for any guidance.
 

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Yes, Franzite plastic grips were popular in the 50s and later. They were made to fit most popular handguns of the period. I bought several pair back then. One problem I discovered was that they tended to warp over time. They could be heated up over a stove burner to soften the plastic and straightened out. I believe I may still have somewhere a pair of them for a M1911.
 
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I don't know the dollar value, but it looks like a better than average plating job. I would clean it, replace the shrunken Franzite, paint the sights, and shoot.
 

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