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Welcome to the forums from the Wiregrass! The finish of that British service revolver is original. It is a phosphate finish but the extractor rods were blued from the factory. The question is does it still chamber 38 S&W or has it been reamed for 38 Special? If you don't have a 38 special cartridge to check by inserting it, take a picture of the chambers in the cylinder with good lighting from the front of the cylinder so we can see into the chambers, and we can tell you if it's been reamed.
Guy
Guy