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You have a S&W Military & Police (Model of 1905) [pre-Model 10] revolver. Your gun, according to the serial number, is likely a 2nd change model made between 1906-08. It has the appropriate original hard rubber grips on the round butt. It's in "fair" condition due to the finish, and the lack of case hardening colors on the hammer and trigger, and if the bore is good. Approximate worth is about $200 to $300 dollars depending on the market.
These revolvers had the old S&W "short stroke" action that is fast and smooth as butter. Yes, the firing pin can be replaced with a hammer-mounted firing pin from an older Model 10.
These revolvers had the old S&W "short stroke" action that is fast and smooth as butter. Yes, the firing pin can be replaced with a hammer-mounted firing pin from an older Model 10.