Haha yeah a nice old J valve, which actually has a threaded inset that I've never seen before. That tank is actually already sold to a friend of mine that is putting together a vintage setup anyway.
The old J valve seems that it has the threaded hole in the center of the O-ring. That was for an old Healthways Airflo single hose regulator. As far as I know they only made one regulator with that fitting. It was a low end regulator and it didnt have any HP or extra LP ports in the first stage.
That color tank matches some of the early Healthways tanks. The bad news is that I dont believe it is galvanized under the paint.
Below is a picture of the Healthways Airflo. You can see more pictures at this web site, including it attached to a valve:
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