I have my brother's model 1200. If my memory serves me, this was Winchester's first model following the great Model 12. It didn't turn out so well. It has a black finish alloy receiver, might be steel, but seems like the quality vs the model 12 just wasn't good. The 1200 I have now would be around a 1970 vintage gun, so what todays guns are like you have a better idea than me.