With the Great Depression gripping the United States, Gillette began selling a set with a razor and ten blades for $1 in 1931. "This box contains Ten GILLETTE BLADES at the regular price $1. Also One Goodwill New GILLETTE RAZOR free." The name was because the offering was ostensibly a goodwill gesture to a struggling country. It was also a convenient way to use up discontinued Old Type parts and surplus NEW parts! Because of this, there were several Goodwill variations that shave and look quite different from one another. Also because of this, the parts do not always fit together with the same tight tolerances of most other vintage Gillettes-- expect to take some care in keeping the blade straight while tightening the handle.
The #162, made from modified Old Type parts, is a less common Goodwill variant, but its distinctive top cap makes it quite sought after. The #162 Goodwill was only made in 1931.
This Goodwill definitely shows its age-- a couple corner teeth bent a little, a bit of barrell cracking on the handle, and no plating left at all. But it should still shave just fine!