The 383 335 horse version was introduced in '68 to coincide with the introduction of the Road Runner and, later in the model year, the Super Bee. It was a distinct variant of the 383 and was used in 68-70 model year cars. Dodge continued to use the Magnum name, first used for the 67 44 HP engine, on the 68 383 335 horse version.
The difference between the standard 4bbl and the 383 Magnum is, basically, the valve train. The 383 Magnum borrowed the same cam and valve springs introduced in the 1967 440 Magnum. The 383 Magnum also came with a windage tray and unsilenced air cleaner.
The intake and exhaust manifolds were the same as the standard 330 horse 383-4bbl. There is a difference between the 2 and 4bbl 383s but the 330 and 335 horse used the same manifolds.
Which cars actually received the Magnum variant depends on the year and application plus there were a couple of differences between the 68 and 69 A and B body versions.
The Magnum pie pan in your picture is not a correct application for the use of the Magnum pie pan. In 68 and 69, cars with A/C received the turquoise 330 horse version of the 383, not the 335 horse Magnum. In 70, there was a 383-4 335 HP A/C application but the engine would be orange.
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Thanks Miller, the previous owner says that it is a Magnum build so what do I look for to see if this is true and what difference in the build/output should I expect from a Magnum pack?
There are some subtle differences between the years.
As the main difference is internal, you, generally, really cannot 'see' the difference between a 335 horse Magnum and 330 horse 383-4bbl from the outside.
68 Magnums are turquoise just like the 330 horse but, usually, have an unsilenced air cleaner. A California sold Magnum could have the N97 noise reduction package with dual snorkel air cleaner
69 and 70 magnums are Orange compared to the 330 horse turquoise.
68 and 69s would have an AVS carb as opposed to a 330 horse Holley.
In 70, the carb depended on various factors such as N95 emissions or A/C. Carb applications in 1970 get a little tricky and Magnum could have a Carter or Holley.
There are a lot of variations in application between 68, 69 and 70. There are differences between the years so it helps to know exactly which year you are talking about when discussing the Magnum engine.