Hoyt Buck produced the first Buck Knife in 1902. Hoyt and his son Al moved to San Diego and set up shop as H.H. Buck & Son in 1947. Al Buck revolutionized the knife industry in 1964 with the infamous Model 110 Folding Hunter. The company's innovative history and attention to quality have made for many great collectible knives.
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You have a fairly rare model of the 317. In 1989 Buck introduced the N1 Series. This series featured several models with serrated blades. Some models had thousands of knives produced, but for the 317N1 only 700 or so were made.