Yep, valve guide seals, pretty common for them to be hard after 30+ yrs
You have to remove valves to fit them, make sure you put springs back in the same as you took them out, there is a top and bottom.
Also WEAR SAFETY GLASSES when removing valve collets, having one embedded in forehead is bad enough but if it hit you in the eye you would probably loose it (I used to teach, you wouldn't believe the dumb stuff I saw)