Can't be answered without a DETAILED description of ALL markings, barrel length, finish, grips, sights, box, accessories, papers, condition.
With the brief description that you have supplied,I would say that you have a SMith and Wesson model of 1905 4th change revolver.
By your serial number and description it sounds to me that you have a .38 military& police Model of 1905 4th change.These smith and Wesson handguns were made between 1915-1942.The total production was 758,286 made. I would say that yours was produced between 1923-1925.for a fee you could contact smith and Wesson and they will research the handgun in question and issue a letter with their letterhead and history of your smith and Wesson.
I found it myself. It is a S&W model 1905 third change double action revolver. Manufactured between 1903 and 1917.
32-20. Does not interchange with other .32s. Good cartridge, good revolver.
No way to answer without a detailed description to include serial number.
.38 Military & Police Model of 1905, made c.1907. Value is $200 in typical condition.
.38 Double-Action Fourth Model, made c.1900-1905. Value depends on condition with typical specimens in the $200 range. sales@countrygunsmith.net
We can't tell just from the serial number, and not all S&W revolvers HAD a model number. Earlier revolvers may have a name, such as the Outdoorsman, or a year, such as the 1905. You also want to be certain your revolver IS a Smith & Wesson- they owned the name to the .38 S&W CARTRIDGE, so a non- S&W revolver might still be marked with the caliber of .38 S&W, but be made by another company- there are likely several hundred thousand of these out there. If you revolver has a model number, open the cylinder, and look at the frame under the cylinder crane, it will be stamped there.
Without a picture or a thorough technical description of the condition, it's not possible to give an exact value. There are multiple variables also ommitted in your description, but It is likely a "Smith&Wesson Military & Police Model of 1905, 4th Change" (yep, that's a mouthful, commonly called the "M&P) that you are talking about - 4 inch barrel and square ended grips. It could range from $75 to $300 based on the internal and external condition of the gun. If you email me at jellyroll4@excite.com, I can direct you to better resources.
In trying to answer the question: What is the value of a 1906 38 Smith & Wesson Special serial number V75799? All the info that I find is on the 1905 38 Smith & Wesson Police & Military Revoler.Although it dose not give the serial number,but it dose show a picture in silver color with black grip's at $395.00.You can find more info at this web page: Dixie Gun Works.com, it list's alot of info on lot's of hand guns.Hope this has been of some help to you . Good Luck.
50-225 usd
As of 9/26/07 there are four for sale on auctionarms.com where you can see a photo.