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Discussion Starter #1
I have in my possession this reloading tool.
Marked .38S&W.M
It cast bullets for my IverJohnson revolver in .38S&W
But the reloading section makes perfect .38spl cases?
The .38S&W brass works but are to short
so i guess it has been altered from a .38S&W to .38spl length.

Has this tool more collectors value than an unmodifyed tool?
Thank you for looking
 

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It depends on whether the modification was done by the factory or by an individual? If the "M" is for modified, it may be the factory that did it? In that case it might be a rarity.

If a tool has been modified by a gunsmith, unless he is famous, it has less value. Collectors like everything original.

The .38 S&W bullets should be about .361" and the cases are 0.006" bigger than the .38 Special. The bullets could be fired in .38 Special, but might need to be sized down to 0.359" or so, first?
 

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Nope, I seriously doubt that is factory. The font is different on the "M". The little lines coming off the top and bottom line should be matched on the "W". Also, you can see where it is punched more deeply into the tool and is not in a straight line with the original text. I'm not saying it wasn't done by the factory, sometime after it was first made, but it's pretty clear that it wasn't done at the same time, or with the same equipment.
 
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