Being a -2 gun does it have the pinned barrel?
That aside, the m-48s don't bring quite what the 22LR Smiths doe but any rimfire k-frame Smith in like new condition is a solid $600+ gun in today's market.
The long barreled K frames are an acquired taste. Some folks love them.
I knew an equine veterinarian in OK who kept an 8" Smith 48 in his truck to put horses down with 40g FMJ slugs.
Last edited by jim62; 01/23/11.