The Lyman 48 WJS was delivered on standard rifles from the factory, when the rifle was ordered with a receiver sight (the Lyman 48 WH was delivered on marksman, national match and bull rifles).
This is a late style sight (post-1947) with a base sculpted to fit over the stock, without stock inletting for the base. The base and slide are number matched with M8. This sight has the larger "target" turrets, a 60-point scale, and micrometer adjustments. The aperture and mounting screws are included. This sight is in very good to excellent condition with no damage, and light finish wear.
We use the NRA Modern Gun Condition Standards Grading System for grading part conditions. You can read about it HERE