On lesser expensive 60s and 70s instruments that are now 50-60 years old, the old open pots (that weren't the best to start with), are often in terrible shape. I’m thinking about guitars like old Hagstroms, Ekos, Nationals, Dan Electros, and a host of others of the era. A little lubricating De-Oxit is often helpful, after exercising has failed, of course.
Bill, tgo