When you couldn't shoot enemies in your face with this card(before the taboo) this card had absoloutely 0 homes as a card. If you're a guardian character that's running two-armed guns AND are willing to spend xp on an upgrade for one, you're probably your group's main damage dealer so not being able to fight things in your face was a death sentance for this card.
Now it is instead a hyper-niche card that has a few decks that maybe want it.
I played it in a campaign where I played Mark Harrigan. I hadn't really gone all in on the OG shotgun before so I decided to REALLY go all in on it in forgotten age with Custom Modification from scarlet keys, Custom Ammunition, Enchant weapon, the works. and down the line since this card had got the taboo I went for this card in the mix as well.
I would not call Telescopic sight a good card, but I will grant you that it is the type of card you feel like a super-genius when you make it work because when it does it's thing it's kind of a flex
I used it on a serpent of Yoth that was engaged with another investigator at a connecting location and did an attack that did a total of 7 damage (shotgun+custom modification+Custom ammunition) reduced by 1 to still overkill it enough to put a damage on relentless.
So overall this card is cool, but only actually useful in about 0.0002% of decks.