More precisely, it's a PIIK. K=kurtz which is "short" in German. ....short barrel
They're not "cool" these days as far as many here are concerned but they are the grandfather of modern sniper rifles. You know, synthetic stock, detachable magazine, modern multi-locking lug receiver, yada, yada, yada. All brought to you way back in 1969. The "vintage" guys snub them even though they are closing in on being a 50yr old design. My PII will likely out shoot half the customs and most of the factory rifles you see here on the 'Hide. I got a good one but not unheard of performance.