you're correct on the 16" wheel, likely a newer rim, I'm not an expert on how to tell by the knurls,stamping,etc.. I just used one of an 80's pixie on my ongoing coaster Apple to Orange project.
Yeah, I do need some parts that are gonna cost. That's a reality. But to be in a Krate at $140 to start with is great! I'm not a restore guy. I like originality. I'd rather have scrapes and scratches than fresh paint.