This is a standard receiver from a 1949 Model 70 rifle, stamped with the serial number 126203.
The recoil lug has some notable bluing loss and light pitting. There is some finish wear on the rails and some other light finish wear and freckling.
We use the NRA Modern Gun Condition Standards Grading System for grading part conditions. You can read about it HERE
NOTE: Laws governing transfer of firearms require that receivers be shipped to an FFL holder. If you do not hold an FFL or C&R license, you will need to enlist the services of an FFL to complete the transfer. If needed, we are happy to assist you in locating an FFL holder near you who can complete the transfer on your end.