Saw this gun on Gunbroker last night. I didn't bid on it and the auction has already ended but I was curious about the sights. It appears to be factory installed target rear sight with an extremely high front sight. Looks sort of like the sights on Browning Hi Powers. I did a Google image search for the M59 and found a couple more with the same set up so I don't think it's a one-off.
I'm just curious about them. How uncommon was this configuration? Is it desirable. It looks weird for the barrel length.
Inquiring minds want to know.