This is a very scarce item. For a short period before 438 was issued in 1962, Corgi updated the Land Rover, previously in Series I form as 406. So the new model, now Series II, gets the S addition to the catalogue number and a lovely bright shade of yellow paintwork and red interior.
In late 1962 the deep green shade appears and there are also releases of the red and an early green one in Chipperfields and Farming sets. So this has a seriously short production life and is very rarely found.
This example is worn with broken ends on the bumper and a pillar missing. It has a small crack in a window but does have a hook.
It is a cheap way to get this for your collection.