The reason you might have thought it was older than the early '70s, is the obvious "Buck Rogers" sci-fi type dials and appearance, right? Because by the early '70s, you would have thought that electronic gadgets (computers, etc...) didn't look like that. But since metal detectors were .... and still are ....such a niche hobby, financing and development are always a bit slower (or at least were back then) for the manufacturers. So there are some real goofy looking ones that, yes, can be as late as 1970-ish.
No, it's probably not tube type. Transistors came into being in the late 1950s. And by the mid 1960s (?) I would think that even the most low-funded low-tech factories would already have availed themselves of transistors, verses tubes.