Its a 1940 IJ target sealed 8, it's an 8 shot .22, I picked it up along with a Jennings 9 (I know they are pieces of shit) but I got the 2 shipped for a good price. Both needed some work and had missing parts.
The IJ was missing the cylinder pin and I was able to find one for $8 at numrich's (thanks John
). I pulled the pistol completely apart and cleaned the inside, once I got the cylinder pin the function tests were great!
I am now going to refinish it using durablue, normally a gun this old I wouldn't touch but the finish was really bad, it keeps rusting little by little (pics don't do it any justice) and it is not in the best shape in the world. I don't mind harming the collector value (mint condition they're worth $250ish) and I think duracoat will help preserve it. I am just looking for a neat shooter.
I'll be adding more pictures once I start refinishing it.