This is a Lyman "All-American" 4x32mm rifle scope with a fine crosshair reticle.
Overall, this scope is in good condition. There is notable wear and fading, and some shallow scratches, but the scope appears to be fully functional. The glass is clear, and the adjustments move freely.
We use the NRA Modern Gun Condition Standards Grading System for grading part conditions. You can read about it HERE