S&W 38 Special Age and Value

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I have been looking at this revolver. What year was it made. I show the serial number in the middle range of the 1915-1942 numbers placing in in the 1930's but not sure that is correct. Also are the grips correct? Gun action and bore seem to be in good condition. Double action is nice. Serial number 554917.
Any thoughts on value or other information is appreciated.
 

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Are the grips numbered to the gun and does the serial number match on the barrel , cylinder & butt of frame ? Any refinish or other rework stampings on the frame under the grips ? From a collector standpoint, the asking price is not out of line if all is original and not a refinish. Ed
 
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Are the grips numbered to the gun and does the serial number match on the barrel , cylinder & butt of frame ? Any ruble or other rework stampings on the frame under the grips ? From a collector standpoint, the asking price is not out of line if all is original and not a refinish. Ed

I will check the grips and see if they have a matching serial number. I didn't see any other marking indicating it has been in service or over seas somewhere. Gun looks original but I will check the numbers.

Thanks,
 
The stocks appear to be from roughly the 1920s. This one dates to 1923, and you can see the matching style.

As for price, you would need to point out some bluing blotches around the cylinder release and on the cylinder - I'd definitely ask for a reduction from the asking price because of that. I have no idea what the other side looks like. The gun certainly doesn't look overly used though - the ejection rod still has most of its original blue. It looks clean to me otherwise.

John

 
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The 4" 38 M&P was very popular in the 1920s and they made a ton of them. About 30% of all 38 M&Ps from the 1920s were 4", or as many as 80,000 4" M&Ps were made in those 10 years. I mainly collect S&W M&Ps and recently just target model M&Ps, but have one similar to yours that I paid $250 for, so the price seems at least $200 too much. If one is not in a hurry, you can pick up a 38 Target Model from that era for $500. That gun should have shipped in early 1927, just prior to the company changing out the ejector rod knob for one that was barrel shaped.

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have one similar to yours that I paid $250 for, so the price seems at least $200 too much. If one is not in a hurry, you can pick up a 38 Target Model from that era for $500.

Hello Gary - with all due respect, where is it that you are shopping for used firearms at? I have only found pre war S&W revolvers in the price range you mention when the shop didn't actually know what they had.

If you tell me the secret shop(s), I promise I won't be a greedy jerk and buy everything they have! ;)

Although we can all go back and forth with different pricing metrics (I shudder when people reference the blue book) one must remember that the build quality of all pre war hand ejectors is fairly high, and these guns have a shooter / build quality / design quality value, separate from the collectible value. As a shooting gun, it is hard to place the modern revolvers ahead (across the board) although they do have certain features which are improved, needless to say. Some people of course vastly prefer the vintage examples, even as a dedicated shooter.

I think many of us would prefer a vintage S&W to a pristine 1990s example, unless we planned to shoot it a ton, shoot hot loads, etc. A new Taurus would certainly cost more, esp. compared to the prices Gary cited.

Regarding the price of this specific revolver, I don't think the price is terrible, and I'm not influenced very often by whether or not something is "still there" because many of these less popular guns (less popular than say a Glock or 1911) require a trained eye from a certain type of person, and so the perspective buyers are usually a small minority within the shooting public.
 
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Regarding a SN on the grips, at that time it was penciled on the back of the right grip panel. It is usually difficult to very difficult to make out. And you may not be able to make it out at all. But at worst, the grips are period-correct. I would say a good price would fall in the $400-500 range today.
 
I have been looking at this revolver. What year was it made. I show the serial number in the middle range of the 1915-1942 numbers placing in in the 1930's but not sure that is correct. Also are the grips correct? Gun action and bore seem to be in good condition. Double action is nice. Serial number 554917.
Any thoughts on value or other information is appreciated.
assuming the stocks on this gun are original, that style was used from ca. 1920 to 1929.


If it has the "single line address" of "Made in USA" on the right, lower, front of the frame then it is at least 1922-23
 
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Hello Gary - with all due respect, where is it that you are shopping for used firearms at? I have only found pre war S&W revolvers in the price range you mention when the shop didn't actually know what they had.

In my opinion people who only buy at LGS are usually paying too much. I am an online buyer and take my time by searching various web sites. I don't need more competion, but would encourage collectors to use the Internet to help validate their purchasing decisions. Auction houses and online gun sites offer a prospective buyer the ability to find just about every model of S&W ever made almost every day.
 
I like it.
If you don't get it, I would like to try for it. If you decide to pass, please send me the store info.
Thanks.
 
I don't know the numbers so....I'm no help there.

Pre-War, Possibly imediate post-war grips are like the gun the OP posted. 1920s grips commonly have no medallion, while 1930s grips usually do.
Post War...maybe immediate pre-war...Smith started to use the Magna style grips where more wood covers the back strap.

The Hammer sounds like a "fish hook" Hammer this is late 40s....1947-49 ish....
Hammer designs changed some over the years.
Photos help.
Sources can vary. There was a lot of data askew in the 1930s. For instance, my Model of 1905 4th Change in .32-20 by some sources shows as late as 1941. Other sources say 1927. It was actually produced in 1923.

I'm sure the guys would enjoy you starting a thread on your revolver...it deserves it.
 
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I have been looking at this revolver. What year was it made. I show the serial number in the middle range of the 1915-1942 numbers placing in in the 1930's but not sure that is correct. Also are the grips correct? Gun action and bore seem to be in good condition. Double action is nice. Serial number 554917.
Any thoughts on value or other information is appreciated.

These M&P's appear in the 1926-1927 sales book at NYPD. Your gun is probably a 1926-1927 vintage one.

554860 check book Book 26-27 p. 154
554890 check book Book 26-27 p. 154
554924 check book Book 26-27 p. 156
554930 check book Book 26-27 p. 154
554969 check book Book 26-27 p. 154
 
I bought this M&P about a month ago for $360 locally. It’s from 1920-22 and all numbers match. The bore is bright with distinct rifling, action is smooth and the factory nickel is about 98%. Members here say the pearl grips are aftermarket but they’re also in excellent condition with no chips or damage.

I’m certainly no expert on these but feel this was an excellent deal. It’s rare around my area to find a vintage M&P in excellent shape at this kind of price especially in nickel.
 

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Well I went back to the shop yesterday and the gun was still there. It has been there waiting on a good home so I bought it. Best I could do was $450.00 out the door. Bore and gun is in very good shape as it does not seem to have been shot much and most of the original finish is still there. The problem area is some pitting on the outside of both sides of the barrel. Even with that it is worth $450. in these parts. Grips look to be original one side had the last 3 digits of the serial number in pencil. The serial number on the frame barrel and cylinder all match.
 

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Here's my Model 10s.
thumbnail by Travis Brown, on Flickr
I paid $399 for this one about a month back. It has some finish damage. It's a 10-7 from 78-79.
That gun was dull almost flat looking, and it had some red rust on it. It cleaned up really well with some Flitz polish. For your gun, I would be very conservative with it.
IMG_0116 by Travis Brown, on Flickr
IMG_0115 by Travis Brown, on Flickr
It had some type of substance on the right side that ran down the top of the barrel that ate the finish off. The flitz cleaned it up pretty well.
Mechanically, it's like new.

IMG_0118 by Travis Brown, on Flickr
My pair of 10-7s both from 1978-79 with vintage service stocks.
IMG_0120 by Travis Brown, on Flickr
This is all my Smith and Wesson revolvers. The Nickel gun is an all-original 32-20 gun from 1923.
You did good.
 
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