These all have original paint and original metal backs (beware of "original" versions that don't have stamped directions on the back).  This model is usually more popular than most other metal midgets (Arvin and otherwise) in desirability and hence, price.  
Some rust is common with many of these sets.  Sometimes it's very superficial and shouldn't scare you off if everything else looks good.  Dents were also common, as these were made to go into the garage, work shop or someplace similar.