The S&W Victory Model is a wartime Military & Police variant issued in .38 Special to U.S. forces and in .38/200 to British and Commonwealth allies under Lend‑Lease.
Curious about how much your Smith & Wesson Victory Model revolver is worth? Whether you’re looking to sell or simply understand current pricing, we’ll help you assess the market value of your firearm.
Victory Models are identifiable by the “V” prefix serials and wartime Parkerized finish. Collectors distinguish U.S. .38 Special contracts from British .38/200 guns. Post‑war caliber conversions on British guns are common and generally reduce collectability.
Origin
U.S.
Manufacturer(s)
Smith & Wesson
Caliber
.38 Special (U.S.) / .38 S&W (.38/200, British)
Action
Double‑action revolver
Service Years
1942–1945
Notable Features
“V” prefix serials, lanyard loop, wartime Parkerized finish, U.S. property stamps, British proofs (Lend‑Lease)
Smith & Wesson Victory Model revolvers are highly sought after by WWII collectors and enthusiasts. Values are highly influenced by originality, condition, variant type and any unique historical markings. Most examples on the market range from $400 to $800 depending on manufacturer and provenance.
S&W Victory Model
Estimated Value: $400 – $800
Originality:
Smith & Wesson Victory Models with original parts, and factory markings typically command higher prices due to their authenticity and appeal to collectors.
Condition:
Clean, well-maintained Smith & Wesson Victory Model firearms in excellent mechanical and cosmetic condition will sell for significantly more than worn or modified examples.
Historical Markings / Provenance:
If there are markings or provenance that link your Smith & Wesson Victory Model to a specific military unit, wartime service, or historical event - collector interest and market value can greatly increase.
Restoration:
Whether your Smith & Wesson Victory Model has been refinished, restored or modified will significantly affect pricing. Original finishes are typically more desirable.
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