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Help - tool age

jeepnuts

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Rockcrawlin’ Toyota Dude
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Anybody have a good idea how old this tool is? Somebody would’ve likely traded this tool to my Papa but it’s possible he purchased it

My guess is late 60’s early 70’s

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According to this website



“In the late 1940’s and the 1950’s the use and manufacture of air powered impact wrenches expanded. Snap-on contracted for production of the AW500, a very successful ½ inch impact so powerful it had a durability problem necessitating a change. Gene Olson, Snap-on product engineer, designed the IM5, then manufactured in the Natick plant and launched the IM5 in 1970, an important entry into this market.”

If I’m reading it right, 1970 or later.
 
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