It is, but it looks like it's had heavy use in sand, and has worn down the rubber washers, to the point where even the "head" or "clevis" -- the plastic part at the end of the lower rod where the washers fit in -- has been ground down by the sand as well. I'm surprised the ears of the coil that was attached to that lower rod didn't break, as I'm sure there is similar "wear" on the ears of the coil.
I'd replace the washers IMMEDIATELY, BEFORE installing a coil on it, and then at that point, you should be good to go. Installing a coil now, with the washers in the condition they are, would require too much tightening of the coil bolt to keep the coil from flopping, and the ears would be bent too far inward, at that point -- plus the fact that the ears would be rubbing against the plastic "clevis," which is what replacing the washers will address. New washers will restore proper "width" to the lower rod "clevis," and will keep the coil ear plastic from rubbing on the "clevis" plastic.
Steve