I inherited one of these years ago. The bottom spout had been plugged and the previous owner was using it as a ladle pot. I continued in that mode for many years.
More recently I thought it would be interesting to try bottom pour. I found what appears to be the original the drop rod, then rigged that with a handle fashioned from a lug nut wrench. The mechanics look good but the thing leaks badly. I emptied the pot again and found the seat in the spout is badly cruded.
Any suggestions about how to clean it up to get a better seating of the rod? If I'm not mistaken the tapered, conical portion of the rod is what seals, and the small pin at the end serves only to guide the rod. Does this sound right? See photos below. Look forward to your suggestions.