Ebay fun never ends. This M 2/50mm is an F2.8 because its aperture ring was left set to 2.8 by a previous owner:

http://cgi.ebay.com/Pentax-M-SMC-50mm-lens-1-2-f2-8_W0QQitemZ7592670228QQcategoryZ4688QQrdZ1QQcmdZViewItem

And the price...

Dario

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