Not something you should buy for $200 unless it jumps up and grabs your interest somehow.
First, .38/200 British or U.S .38 Spl. Victory models were never ever nickle finished, so it has been refinished by someone. That is a deal killer to a S&W collector who would have the interest and money to buy a Victory model.
British Ton proofs indicate it started out life as a .38/200 British lend-lease gun.
Later brought back to the USA as surplus and the chambers drilled out to .38 Spl, and the barrel marking restamped .38 Spl.
.38/200 British chambers were bigger then .38 Spl chambers, so you will have excess case expansion with .38 Spl ammo fired in it.
I wouldn't touch it with YOUR 10 foot pole!
BTW: Unless it has an S overstamp on the sideplate or near the serial number on the butt indicating it has been modified with the new drop safety?
It has the old spring loaded drop safety, not the improved mechanical one still used on all S&W revolvers that have hammers.
It should not be carried fully loaded with a round under the hammer if there is any chance of dropping the gun, or impacting the hammer.
rc