I won't say it's a waste of time - if you are interested enough to put time into investigating this old hard drive it's your choice. I'd find it interesting too and quite likely would play about and give it a go. In my case I'm always afraid of damaging something I can't easily replace. I don't even know whether the signals are digital or analogue and if the latter what kind of voltage and current. I actually thought the earlier hard drives used stepper motors for moving the heads and moved on to voice coils later. Maybe it varied from one designer or company to another.
If I was playing with an old hard drive my timidity might lead me to experiment with another old drive mechanism first. Anything you learn will still be useful and you won't risk damaging that nice old mechanism. (Do you think the label was accidentally damaged or might it be deliberate?) It may be worth looking online for pictures of old drives to get started on identifying it.
The physically largest hard drive I've ever dealt with was in Telex exchanges which my first employer made. They bought in a lot of the hardware including General Automation 16-bit minicomputers. We had a test area with a model exchange where I often worked, testing my software. It contained hard drives as wide as a 19" rack, almost touching the sides of the cabinet. I forget the make but I'm fairly sure they stored 256kb, so very much less capacity than any other I've dealt with since!
I was surprised to see a voice coil on this too. I had a more later drive of the same size and it had a stepper motor controlling it.
It would be fun to experiment with but no doubt would be a huge task in getting something to write to the disk.
I have no idea on the flux required to write to the disk for example or how many tracks the disc has.
After taking a closer look at the drive, it actually has a pair of heads per each side of the disc, the bottom platter has only one head on one side.
the heads move half way across the disc, with each head per pair reading/writing one half.
Then there would be an area dedicated to servo information, etc.
The label is intact, but corroded over years so is missing some text, ill upload a photo shortly.
what seems to be missing from the drive is the interface electronics, head amplifiers and signal chain, head positioner servo electronics, AD/DA interfaces, etc.... without that, and a suitable data interface to a computer, this drive can only be used for show....
Yes I was unsure on what would be involved to rebuild this circuitry, if it was an experiment, I would have to come up with another way of encoding the data, but I have no idea what kind of signal would be used to position the heads, etc.
It probably is only good for show, but could be fun to hook up a motor and see it spin and connect some sort of oscillator to the voice coil to make it look like its working.
It is called a
Winchester hard drive.
Hopefully, you will get some info by Googling.
That term was essentially used in the early days for all fixed hard disks, even the 5.25 inch ones in a PC.
Edit:
Have attached photo