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Lock Stock & Barrel Auctions, Live Auction #7 - Cody, Wyoming

Fri, Oct 23, 2026 11:00AM EDT
  2026-10-23 11:00:00 2026-10-23 11:00:00 America/New_York Lock, Stock and Barrel Lock, Stock and Barrel : Lock Stock & Barrel Auctions, Live Auction #7 - Cody, Wyoming https://bid.lsbauctions.com/auctions/lock-stock-and-barrel/lock-stock-barrel-auctions-live-auction-7---cody-wyoming-24995
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Lot 2236

Smith & Wesson Model 48-2 22 MRF 8 3/8" K22 Masterpiece Magnum Rimfire 1962-67 C&R

Estimate: $600 - $1,200
Starting Bid
$10

Bid Increments

Price Bid Increment
$0 $10
$100 $25
$500 $50
$1,000 $100
$2,000 $200
$5,000 $500
$10,000 $1,000
$25,000 $2,500
$50,000 $5,000

Make: Smith & Wesson

Model: 48-2, The K-22 Masterpiece Magnum Rimfire

Serial Number: 6K2220

Year of Manufacture: 1962-1967 / C&R

Caliber: .22 M.R.F., .22 WMR

Action Type: Single and Double Action Revolver With Swing-Out Cylinder

Barrel Length: 8 3/8"

Sights / Optics: The front sight is a patridge blade on a ramped base pinned to the serrated rib. The rear sight is a standard square notch S&W micrometer sight, adjustable for windage and elevation and is screwed to the top strap.

Stock Configuration & Condition: The grips are checkered walnut magna stocks with medallions at their tops. There are no chips or cracks. The checkering is sharp and strong. Overall, the grip is in about Excellent condition.

Type of Finish: Blue, Case Color

Finish Originality: Original

Bore Condition: The bore is bright and the rifling is sharp. There is no erosion in the bore. In my opinion this bore rates 10 out of 10.

Overall Condition: This handgun retains about 99% of its metal finish. The balance of the finish is strong and complete throughout. There is little to no operational wear. There is a very faint intermittent turn line. The case color is vibrant. The screw heads are sharp. The markings are clear. Overall, this handgun rates in about Excellent - Like New condition.

Mechanics: The action functions correctly. The cylinder lockup has hardly any play in lockup on each of the six chambers. The single-action is crisp and the double-action is smooth. We did not fire this handgun. As with all used firearms, a thorough cleaning may be necessary to meet your maintenance requirements.

Box, Paperwork & Accessories: This revolver comes with its factory box, owner's manual and handouts, and cleaning tools.

Our Assessment: The Smith & Wesson Model 48 represents one of the company’s most specialized K-frame revolvers, developed to bring the accuracy and handling characteristics of the renowned K-22 Masterpiece line into the higher-velocity .22 Winchester Magnum Rimfire cartridge. Introduced in 1959 as the K-22 Masterpiece Magnum Rimfire, the Model 48 was built for shooters who wanted the precision of a target revolver while taking advantage of the increased performance of the .22 Magnum cartridge. Featuring Smith & Wesson’s legendary hand-fitted K-frame action, adjustable sights, and target-grade barrel, the Model 48 became a favorite among small-game hunters, precision shooters, and collectors seeking a less common variation of Smith & Wesson’s classic rimfire revolvers.

This 1962-67 production Model 48-2 is an excellent example of the Magnum Rimfire Masterpiece, retaining approximately 99% of its original blue finish with sharp markings, vibrant case coloring, and minimal evidence of use. The 8 3/8" barrel, factory box, paperwork, cleaning tools, excellent Magna walnut grips, and near-new condition combine to make this a particularly desirable example for the Smith & Wesson collector. With its long target barrel, scarce .22 Magnum chambering, and exceptional condition, this Model 48-2 represents a high-quality example of one of Smith & Wesson’s most distinctive K-frame rimfire revolvers and would be a standout addition to any advanced S&W collection.

Lock Stock & Barrel Investments Inc.

2301 Lt. Childers St.

Cody, WY 82414

United States

 www.LSBauctions.com

 T +13075278915