260Remguy: I agree that it would have to be a bit of a compromise of aesthetics, balance and all things classic to attach the V-16 to a Model 983.
I am VERY mindful of these type things that is why I have never owned or even considered buying a 50m/m objective lens type scope.
They just don't look right to me and the smaller objective lenses have done everything I need done and done so for the last 55+ years.
Still if one wants to maximize the versatility and effectiveness of the 22 Magnum at the range and afield "one" might allow for the somewhat/slightly oversize scope to obtain that end.
Did Leupold ever make a 4x12 compact variable scope?
It would be very expensive if they did I am guessing?
Again I am supremely happy (both performance wise and aesthetically!) with the Weaver V-16 I have on my Browning T-Bolt Varmint weight Rifle and its not that much "larger" than the 983.
Best of luck to the original poster with whichever scope he chooses.
Hold into the wind
VarmintGuy