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The model 60 isn't bad to recap, but yours is early enough that it will likely have those awful open coils. By '35 they had worked out that problem. A friend of mine asked me to fix a pair of Philco cathedrals, which I told him would be pretty simple. On the way home I remembered the coil problem, and sure enough, I had to rewind all of the primaries on both of those to get them running again.
Otherwise, the 60 is a cool little set. It picks up loads of stations, with good fidelity. It should have hex knobs, which are readily available as repros.
edit: I was expecting a bigger speaker, since they put it into a large cabinet, but instead they just used the same speaker that the cathedral set uses-boooo!
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