My outside faucet leaks around the stem. It is 45 years old and needs to be replaced. Graphite valve packing doesn't work. Since the basement is finished, it is nearly impossible to unsolder the old pipe from the inside and it is inaccessible from the outside. If I could buy a new faucet identical to the old one, I could just replace the stem, using the old faucet body with no need to solder any pipes. I can't find an exact replacement. Does anyone have any suggesstions about how I could find one?
You might try a combo of graphite packing and teflon tape. I had the same problem at my brother's house and we found out it didn't leak from the bonnet nut if it was turned on (it did when closed). So, we turned it fully on, then added a screw on shut-off (ball type) to the hose end and Bob's your uncle.