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Agree with Sam, pretty much.
It looks like a .38-44 Heavy Duty with adjustable sights added. It also has a target hammer and maybe a target trigger, probably added along with the sights.
The "S" serial number prefix makes it a post-WWII gun, the lack of a "Model 20" stamp makes it pre-1957. So it was made sometime 1946-1956. I don't have the Standard Catalog of Smith & Wesson to pin it down any closer than that, but if somebody with that book comes along, he can give the year.
The alterations largely eliminate the collector interest and reduce the dollar value, but it is still a heck of a fine .38 for actual shooting instead of show and tell. And, of course, it is a family heirloom.
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