What exactly does my coworker have

Aemsl69

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Hi Guys,

A friend of mine from work has a .38 Special that he states was given to grandfather in the late 1930’s early 1940’s. It’s still in the presentation case and retains about 99% or better of its original blue.

I attached some pictures for y’all to take a look at. If you need more information or additional pics let me know.
 

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I will have it in my hands and this weekend and will be giving it a a good cleaning and lubrication and a wax job. He wants to shoot it and I’m hoping he will let me have a crack at it first.

Any recommendations on wax and oils for the grips? Hoppes #9 ok for cleaning this beauty?
 
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its a beaut! Hoppes #9 will be perfect for that old blue. I would clean it well, remove all oil from the outside, and apply some RenWax to the metal and stocks. No oil on the stocks,please. It will glow! Case not original. I'll open the bidding at $2000.
 
For the when-----------------------------------

#646192 went out March 20, 1934

#659118 went out December 23, 1936


For the how much, I raise it to $2,500---$3,000 on a good day----and more if necessary---and you can keep the box.

Ralph Tremaine

And if you're sure enough going to shoot it, the rear sight doesn't work the way your intuition might think it does---which is to say the lock screw serves two functions. Read the instructions---and follow them. Otherwise, the sight will shoot loose. Set and locked properly, this is the best sight S&W ever made----in that it is infinitely adjustable---and won't shoot loose (the first one that won't). Granted the "micrometer" adjustable sight which followed won't shoot loose either---but it's not infinitely adjustable---just "close enough"---and it's a damn sight easier to work with.
 
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For the when-----------------------------------

#646192 went out March 20, 1934

#659118 went out December 23, 1936


For the how much, I raise it to $2,500---$3,000 on a good day----and more if necessary---and you can keep the box.

Ralph Tremaine

Were those target models? Thanks.
 
The case is not factory, but obviously if it came with the gun as part of the presentation it is valuable for family reasons.

.38 M & Ps of that vintage are common; ones in new or near new condition are not; and Target guns in that condition are fairly rare. $2000-2500 is probably about right but hopefully the family will never need the money.
 
I'm not so sure. Everything I've read on this site and elsewhere would indicate .38 M&P production in the 30's was far from robust. Just in my small data base I show s/n618788 shipping 1/30 and s/n 683702 shipping 7/40.

That's less than 70,000 for the decade.
 
I copied my friend on the thread! I think he will be surprised at the potential value of this firearm.

Someone sure took care of that gun. What a wonderful heirloom. My cousin and my older brother's family have both of the civil war muskets my great-grandfather used in the civil war. I think it is terrific to have something from a generation twice removed or more from you.
 
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