If it's "silver migration" in the IF transformers, take a ;ppl at ,y page, halfway down
http://www.wa2ise.com/radios/repair.htm
As a novice, you may not want to mess with the IFs just yet, maybe someone here lives nearby. I don't know what Philips did, but most all American makers used caps that were just a single mica wafer, with a pair of caps printed on it, side by side.