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tranny question

black61gmc

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I have a 61 gmc with the 305 V6. I am not sure what the tranny is but it pops out of second gear. could this be an easy fix or does it probably need to be rebuilt?
I am not sure but i think it is still the original tranny. Can anyone tell me what it is or how i can identify it?
Thank you
 
Ahh, probably the original SM420, granny-low, 4-speed. They are rebuildable, however I have never done one. I have seen them for $50.00 or less on craigs list, so it may be more cost-effecient to replace with a good donor. Popping out of gear is not unusual on these transmissions.
 
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