For bedding the action, just buy an acraglass kit and follow the directions included. Its a bit involved, but if you have any mechanical inclination, its not difficult.
The firat thing I would do though is remove the barreled action from the receiver, and cut a strip from a business card to fit under the barrel just in front of the recoil lug and then reasemble the rifle. this should lift the barrel slightly off the stock, in efect, free floating it without any permananet modification. If this works, you might jus leave it alone, or remov some wood from the barrel channel.

Recrowning- don' t need it unless the rifle was cleaned from the muzzle end, the rifling looks rounded off or dinged, or the crown has a gouge or dent in it. At worst, it won' t hurt the rifle, but it may not help.

If it shoots well enough I would leave it alone. If you are going to spend $200+ on upgrading your rifle, you would be best served by putting a new aftermarket barrel on it- The best bedding, lapping, crowning job in the world isn' t going to help much if the barrel is rough on the inside or shot out. And like someone else said, if its a pre-64 model 70, you' d be much further ahead to spend the money on a new rifle than mess with what has become a collector' s item.


Another thing to consider- did your grandfather take alot of deer with the rifle? If he did, why mess with it?