Hi OldHippy, I got mine about the same price + delivery yesterday without the basket unfortunately. I think there is a timer on it actually. That white knob behind the heated chamber on the right hand side.
That lever is for silent or strike. You have to make sure you have the wheels in the correct position both chime and strike in order for the chimes and strike to work. Also the cam wheel on the chime the gathering pallet on the strike. If you need help with this movement I can help you through it, just ask.
@HSL demonstrated how he disassemble, clean and lubes reversers. I am looking for his post, hopeful to find it and will inform you.
Considering your watch is a Tudor, I personally prefer and recommend new replacement.