I'm not an expert on electricity and I worked as a sparky's mate many years ago. My initial reaction is that the wiring of the lights from the 1960's could be suspect along with the lights' connections. The old wire might not be as pliable (and may easily break) unlike modern wire. Therefore, I'd dump them (but that is just me).
Just saying:- It might be the light attachments (imitation lanterns, coaches, etc) that are important to your memories. If this is the case, it is easy to take them off and attach them on newer lights.
I gather that the lights are important to you and you have been given safe and good advice by Bstop. Hasten slowly and carefully if you are continuing to use the lights.