Last season I could still read my compass enough to set a bearing. This year, it wasn't floating or readable. I guess 28 years is a long time to expect a compass to keep working when it's been sitting in the sun and rain the entire time.
As I started looking for a replacement, I found out that Ritchie hadn't even made a square base compass since 1988. Unfortunately, my binnacle had a big square hole in it. A little plywood solved that issue.
The new compass is a smaller, cheaper model, but much more readable. Hopefully it will last at least another 25 years.