Well Jay....I have good news and bad news for ya....which one do you want first. OK....here goes......
Went down and got my two best books on Smith & Wesson andbefore I opened them up I held no positive thoughts as I had none concerning these stock fillers.........one book by Jnks and the other by Supica......found nothing in either one.
I've never seen or heard of such a beast but with the markings are obviously factory... Very rare if I've never seen or heard about them..no brag...fact.
It's a target gun...makes sense to have the stock spacers....are the stocks magna style or the older short ones? My guess is they are the older short ones as the magna style fill your hand better.
The gun is rare, worth 2-3 times what a standard non target sighted gun is worth....condition?
Next month I'm coming up for a visit and wanted to know if I can stop by and borrow your buffalo coat...have your buddies address ready.
Hey, for real...THATS a rare gun....not saying it's worth a huge bundle but it is rare. I've never seen a

target sighted 32-20....plenty of 38 Spls. have crossed my path....you have to figure that in those days what target shooter would want a non target cartridge in a target gun and most outdoors people would not spend the extra money for sights, hence, low production numbers.
If your buddy would like a trade for something or a wad of Ben's.....let him know I'm interested. ....or if that's your bag, get it.-----6.....o....
Code ONE!