I'd be a sucker for that Model 49.
Value? Not a lot.
It likely shipped in late 1982. Smith & Wesson used that serial series between J999999 and the alphanumeric serial numbers for Chiefs Specials and Bodyguards. It ran 1J0000 through 1J47502 in 1982/83, but many in the series didn't ship until the mid-'80s. My nickel Model 36 1J02454, for example, shipped to Abercrombe & Fitch on November 16, 1985.