As the OP I've been reading all the suggestions and thank everyone for the input. I now apologize in advance for the following long post and delay in responding.
To answer some questions, I bought this gun new before moving overseas in May of 2003. Maybe not 25 or 30 years ago, but my memory isn't what it used to be. I apologize for that. I bought the gun new before moving, so before May 2003. My factory purchased bullets don't have a date, but have a price of $16.95 on the two boxes I have left. Both boxes are twenty rounds of Hornady 325gr.
I used to be an avid hunter and shooter. Hunted every year and shot as much as I could., sometimes 2K or more in a weekend, and I shot at least two weekends a month Multiple calibers, rifle, handgun, and shotgun. Living overseas for five years changed that. Didn't shoot or even see a gun unless I came home and then most of my time was spent with family and not at a range. So I pretty much quit shooting.
Upon moving back to the states, I started shooting again. Opening the safes and gun cabinets (yes, multiple safes and lockable gun cabinets) gave me access to just about anything and any caliber (pistol, revolver, rifle, and shotgun) I would ever want to shoot with the exception of NFA items.
Since coming home I have shot things from folding .22 derringers to a BFR chambered in 45-70, as well as anything in between. The .480 was at the back of one of the safes, all but forgotten, and didn't get pulled out until about two years ago.
I offered the gf the chance to shoot it, and it kept getting put on the back burner. Finally we took it out and shot it. After five rounds she had enough. IIRC I shot ten rounds. Cleaned it and put it away and the few indoor ranges I've been too since wouldn't allow it.
I purchased it because I intended to hunt with it, and that never happened. I won't sell it because (fill in the blank).
Here are a few pics. Note the slight ring on the cylinder. And the serial # can be seen when zooming in if anyone wants to look up the date of mfg.
The gun is in "new" or "nearly new" condition, would probably be rated at 98~99%. I don't know where the key is for the trigger/hammer lock, probably in the original box buried in one of the safes or other "safe" places things were put. That was a long time ago. I know it wouldn't have been thrown out.
With a 5" barrel it is a handful, even with the porting. Not ridiculous, but a handful. And the porting is from the factory, bought it new as seen in these pics, no modifications to the gun.
Maybe 100 rds put through it, maybe a little less or maybe a little more. If you said 200 rds I would call you out on this gun.
So, reload and shoot? Or leave it as a safe queen, and maybe someday a collector item? A forgotten caliber that never took off?
I am still looking at dies for this gun, and will buy a set when I find the right set at the right price.
chris