The 4860 has a straight shoulder, the 61 has a tapered shoulder, you would probably have to remove the existing one to determine which one you need, as both were used in several different models and grades. Unfortunately the waltham book isn't more clear, but seeing as they made somewhere near 45 million watches over the years it's not too surprising. There is a book available online, I believe it's the K&D staking set manual, that shows the special stakes and stumps required to replace waltham friction staffs, the hub of the balance wheel can be damaged if you use the wrong tools (experience!)