information on S&W 38 special

Yes, but you can buy a replacement ring. If you buy a real beat up parts gun then there won't be a loss of value. A new replacement ring will reduce the collectable value'

Yes and no, Usually there will be matching serial numbers inside the grips, not always. Use an appropriate sized screw driver to avoid scratching things up.

I have no idea what the P is. Might be a stamp from whatever organization the gun belonged to.

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