Sure, if its not too expensive of a fix. Silvertone isn't one of the big names, but Sears (And many other big chains) usually contracted for decent gear back then. Start by cleaning it thouroly, and Deoxit the pots. You can remove the tubes one at a time and clean the pins and sockets too. I used round toothpicks for the sockets.
Be careful on the tunning gang, gently blow the dust off, but use no chemicals on the plates.
Any pics?