Help with Old S&W 38

[UncleJak]

I was out this morning and saw a old S&W 38 that I found interesting.  It reminded me of the 38 police issue I have, except much older.  It had markings on it that said it had been worked on or modified or something like that in London.  So, I assume it is from WW2?  Anyone ever seen one of these? Is it rare or valuable?  I don't know a lot about these and would appreciarte any feedback.

[gun sane]

Got a picture?  Our guesstimate accuracy improves significantly if we know what we're looking at.  :stunned:

[UncleJak]

I couldn't get a pic :(

Something about a London conversion Cogswell...

I'm not exactly sure.

[Guest cardcutter]

One of the Lend/Lease guns maybe? It would realy help to see it.

[UncleJak]

After much research, it is a lease gun, re-calibured to 38 special.  I don't believe these are worth much.  I made a poor assumption that old equals value.  Unless something has changed, it does not in this case.

[Jonnin]

nah supply, demand, condition, and quality govern the price of older guns.  A lot of stuff was made in the millions and is just not rare enough to have much value. 

[glockster157]

If it was made for the Brits is was probably for a .38-200 revolver MK I. with was a little fatter but shorter than the 38 special and was a .361" bore. When a lot of these were brought back into the states it was common to run a 38 special reamer into the chambers so you could shoot 38 specials but the problem with that is the rear of the case would bulge. If it is not modified to 38 spl it might actually be worth something.

Edited December 28, 2012 by glockster157