That 69A would be a wonderful first rifle and as you have a little time before gifting it to her I would definetly be considering re-stocking and rust bluing. I would find a nice piece of walnut and stock it in a classic style such as an Griffin and Howe or English Sporting rifle. I would leave the peep sight on and that 69A is a tack driver. When I find another that is exactly what I will be doing for my Daughter. By the way you will have to sight it in and make sure everything is good to go only problem is when you get done you may not want to give it up.
Just a thought

And congratulations on the birth of your Daughter. You have a wonderful future.

Michael J