That looks just like the Magnavox unit that my brother purchased new in 1969. It was solid state with speaker grill cloths on the front (horn tweeters) exactly like in your photo. The side end-panel grill cloths hid the woofers.
Also, there was a Magnavox satellite speaker system that had two walnut veneered two-way speakers and a speaker switch-box that mounted on the back of the console cabinet. My brother purchased the satellite speakers, too.
Great sounding console unit. I was introduced to The Ventures, all The Beatles, Santana, The Lettermen, The Association, The Mamas & the Papas, The Sandpipers, etc. on it by my older sibling. Lots of great memories with that console.