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The cooling systems metal to metal fittings that are glued together. They have failed and will dump coolant. The fix is to have them welded but to get to all the fittings, the engine has to be removed. That is a question you want to ask about the car.
Service records are the only way to know the history, so I concur with that advice.
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Tony G
10 Porsches come & gone!
1962 Morgan Plus 4 
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