Not too long after I joined these forums and a good bit before I could make sense of GEC and their distribution model - they produced a run of #48s (which hasn't been run since, if I am not mistaken). I recall a number of these knives being available long after the fact and I procrastinated - which definitely ended up stinging me pretty good when they eventually all got scooped up.
I always thought it to be an exceptionally attractive pattern and with the wharncliffe blade, more than just a little useful. They don't seem to come available too often but I've been able to find a couple and they are as fine a knife as they look. The one in Blackwood fights with my Case/Bose WT for a place in my pocket and though the WT tends to come out on top in such battles with its superior steel and ruggedness, it can't compare to the long, slim elegance of this Improved Trapper in luxurious Blackwood. The action is as smooth as it gets and the pulls are just about perfect. It's hard to think of what could make for a better knife and it's safe to say that I am rather smitten with it. I hope to find others to include in my modest collection.
If one were to replace the wharncliffe with a lambsfoot, I think it would make for the perfect knife - which makes the upcoming 88 Bayou Trapper a rather compelling prospect.
Regardless, I do hope to see a fresh run of 48s in the not too distant future.