This is a standard receiver from a 1954 Model 70 rifle, stamped with the serial number 320139.
Bluing - 90% - The bluing shows some wear on the rails and in the tang area.
Metal - Overall, the metal of this receiver is in very good to excellent condition. There are a few light scratches in the rails and on the bottom, but no pitting or other significant marks or metal damage.
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.