Model 2 value?

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I am pondering doing a trade for a Model 2 in fair condition.
The nickel plating has some visible rust and minor flaking.
The function seems to be in good working order.
Any ideal of a value for such a piece?
Thanks!
Tom
 

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Are you certain this is a #2? It appears to me to be a #1 1/2. I don't believe any #2's were nickled (factory), and they had longer barrels and square butt. Also, a # 2 was a tip up barrel, not a top break. The # 1 1/2 Center Fire is a top break.
 
According to Supica & Nahas, this is a Model Number Two, or Baby Russian, or .38 Single Action. His third edition book is 5 years old, but the stated values for this revolver are as follows:

VG $285
G $235
 
glowe, According to Supice & Nahas, the gun you picture is a .38CF Single Action, 2nd model, top break action.. 1st model .38CF Single Action is called a "Baby Russian" by collectors. A S&W Model 2 is a civil war era .32RF tip up action. The values in the SCSW for your .38 SA, 2nd model are several years old, however they are still about right as there are 1,000s of these guns out there. The grips on your gun may be for an earlier gun as they have the "S&W" letters and not the logo. Check the number on them to see if it matches the serial number on the gun. I would estimate the value of your gun, based on the photos, as $175 -$225 range. Ed.
 
Ed - Take a look at page 80 of the Third Edition. It states ".38 Frame Model Two". Page 81 states this revolver is a ".38 Single Action 2nd Model (Model 2, 2nd Issue)" Somewhat confusing?

It is good to know that the 2nd model is not considered a Baby Russian. Both have the characteristics that gave this model it's nickname, but I will add this information to my rapidly growing knowledge of antique Smith's - due in large part to this forum.
 
Glowe, "...my rapidly growing knowledge of antique Smith's..." Great! Save lots of space in the memory bank, as we all learn someting new every time we log on to this Forum. I can well recall the many times 70+ yrs. ago when I was trying to figure out S&Ws w/o the assistance of printed material that was correct. Fortunately, reference material has come a long way since then and the internet has given us instant access to expert knowledge. Good Luck, Ed.
 
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