It's a pre-70 Series Commander. (Alloy Receiver)
This model was built from 1950 to 1969. Your gun was built in 1952.
Looks a little rough but could just be the pictures. I think Wild is close to what it's retail price would be.
If its to be a collectible, leave it as-is.
If its to be an heirloom shooter, do what you want.
Pre-70's are a desirable gun.