Vlad is back in PA.
I opened him up and found the balance swinging when rotating the movement back and forth but the hairspring is not concentric.
I pull out the balance assembly and find the staff is straight but the hairspring is broken right at the..... (I don't know the technical term for this part, so I will call it the "mounting point to the beat error regulator"). It looks like a polymer type glue holds it to the stud, this polymer is crumbled so the hairspring is not connected. Pieces of the glue are found throughout the movement so it will need a total cleaning and relube.
The other strange thing is the second hand will not stay on the pinion. I take nail clippers to the second hand arbor and give it a slight crimp to tighten up the grip on the pinion.
I have to dig through some parts boxes to find a balance assembly and will keep everyone up to date.