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I don't know anything about the conversion units, but that style of box was used by Colt from the late 1940's until about 1955. Nice find! It looks all original to me.

- - - Buckspen
 

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The box is definitely authentic, and in really great shape. I have the same vintage unit, and my literature is marked 3-48 (date). Does this unit have the slide stop stamped "2" on the back? Hard to tell from the pics if it is there. That looks to be a $500-$600 value. Hope you did well on the purchase.
 

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Seems like there are quite a few Colt .22 Conversion Units being sold, or at least getting listed on eBay & GB. I have the same vintage Unit no box and the incorrect slide stop. Used it to assemble a Service Model clone.

The boxes like this one fetch a good sum online.
 
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