UPDATE:  Was listed at $4900

(04/14/2012) This has a rear PTO with a drum pulley.  It  looks like a nice jeep.

“This CJ-2A spent most of its life on a farm in Nebraska, and was typically kept in the barn, which would explain the relative lack of rust. The paint looks to be the original black. In 2003, it was purchased from the original farmer’s grandson by a classic vehicle collector and mechanic who brought it to his shop and home in Colorado. The collector, who has worked on many older jeeps, purchased this one because it is so close to original condition in every respect. He kept it as a personal vehicle on his farm in Boulder for five years. In 2008 he sold it to a historic architect out there, and I bought it last summer.

This is equipped with a rare working PTO (power take off), that was used on farms to run equipment such as saw mills, threshing machines, and other farm machinery.

Because of slow and hesitant starting, the 6 volt system was changed to a 12 volt system in 2009. Included in the conversion were a new generator, new battery, new wiring, headlights and some distributor components. The starter motor and other components were not changed. At the time of the 12 volt conversion, a new carburetor, fuel pump, trailer hitch ball, 4 pin trailer wiring and used seat were also added, as well as the new top. The Jeep still has the original paint scheme of Princeton Black, also called “Americar Black,” with Harvard Red wheels. The wheels were repainted before 2008 and the new tires were added at that time. The Jeep’s original gauges, horn, single windshield wiper and heater all work. In 2011, an old weld repair on the side of the block was discovered, almost out of sight, below the distributor. There had apparently been a crack at some point in one of the outside (cooling water) chambers of the block. Even though the old weld repair was holding fine, and the compression tested well, the old repair was completely redone by an engine expert company in Virginia. (Terry Walters Performance Engines). During that process, the engine was removed from the Jeep, the block completely disassembled, the crack area re-repaired, and the engine reassembled. Various parts in the clutch and flywheel, along with motor mounts and distributor points, were replaced at that time.

Since I bought it, the wheels have been pulled off and brakes and bearings rebuilt; choke and throttle cables were replaced, and a new fuel sensor put in;
new seatbelts, mirror, blocks and strap on hood were added. A couple of weeks ago I shorted out the horn wire, so that is currently not working.”

This appears solid.

“1948 Willy’s Jeep 4X4, 4 cylinder, 3 speed. This jeep has been taken down to the frame. About 200 to 300 miles on an engine overhaul. No Rust, Good Tires, Runs Great, Bimimi Top, Lots Of Fun”

http://fargo.craigslist.org/ctd/2923760978.html