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Thanks everyone! I was able to purchase new old stock of P/N 201753 which is the longer wire condenser
Before installing this NOS capacitor, it should be checked for its capacitance value as caps (condensers) do go bad over time whether they are being used or not. If it tests out of range or is leaking internally, club member Jeff Register working along with Digi-Key engineers came up with replacement modern axial film capacitors which can stand up to the beating a magneto gives them.
They are available in various uF ratings but 10, 15, and 22 uF caps can be used together to get the desired capacitance. If mounting is a problem, they can also be installed in the original can after it has been hollowed out.
Here’s some links to the Vishay .10, .15, and .22 uF caps:
https://www.digikey.com/products/en?mpart=MKP1839415084HQ&v=56
https://www.digikey.com/products/en?vendor=0&keywords=bc2609-nd
Vishay caps compared to a standard 580321 cap.
Installing in an old can.

