While I have not added fuel or tried to light it, it does pump up, hold pressure and hiss when the valve is opened. The friend and fellow collector I bought it from a few years ago told me it was running well before he refurbished it. It has the original Sears Pyrex globe. The fount has been repainted and a period-correct decal has been applied. The vent is in very nice condition with only a few chips on the top.
The item "Vintage Sears 4/65 Blue Black Gas Lantern 476.74060 ORIG GLOBE Coleman NICE Rare" is in sale since Sunday, July 18, 2021. This item is in the category "Sporting Goods\Outdoor Sports\Camping & Hiking\Flashlights, Lanterns & Lights\Lanterns". The seller is "dark-coogan" and is located in Dallas, Texas. This item can be shipped to United States.