Surprisingly 1/2 frame guns are not all that lighter than 1 frame guns.
I have one in the shop right now with splinter forend and 28 barrels that weighs 7 lbs 4 oz.
Only about 300 1/2 frame guns were made and all were made under Remingtons ownership of Parker.
And as to the uninformed comment about the wood being too nice for a V grade... it was very common for V grade guns to have highly figured wood during the Remington era of manufacture. And even lage Meriden for that matter.
And, the wood on the subject gun has at least had finish added, if not refinished.