Don't you hate it when great old amps (like this) appear to have been stored in a barn?? I mean, who decides "hey let's take this perfectly decent looking amp and carry it out to the chicken coop to store it"?

My Epiphone EA-15RV (also made by Gibson, roughly same time frame) looked almost in the same shape as this amp. I went the complete refurbish route: stripped and replaced the Tolex, stripped the chassis down and sandblasted it to bare metal, had it rechromed, replaced all tube sockets, even made a new eyelet board and repopulated it with everything new. By the end of it all, the only things original were the wood box, the steel chassis (with its new chrome plating), the power transformer, and the reverb tank and switch. I tried silkscreening new lettering on the chassis but couldn't get that process down so I stuck on labels instead, that's the only corner I cut. Not counting the silkscreening effort, it cost a little over $100 for the chrome plating, maybe $75 for the Tolex and grill cloth, and maybe another $175 for the remaining stuff (OT, Garolite, pots, caps, resistors, knobs, sockets, etc). I replaced the OT because the one in there was nowhere close to original so I used a Deluxe model from Classictone, it bolted right up to the existing holes. I even replaced all wiring.
It sounds great now, no crackles or noises or hum, so the total refurb was worth it in my opinion.
Oh, mine had a unique way of shock-mounting the preamp tubes, they were riveted in place but through rubber isolation washers. If yours is the same (I can't tell from the pictures), the rubber washers are available from McMaster-Carr, they offer a silicone hi-temp version. Instead of rivets, I used #4-40 screws and nuts, then soldered the ground wires just above the nuts, the solder will keep the nuts from vibrating loose.