What i thought is a shunt is that metal strip that appears to be between the terminals. but it could be a bi-metallic strip that is moving the needle which is usually how the non-ballsitic (slow) gauges work which give an average reading as opposed to a moving coil meter which would "flicker" and difficult to read. On looking at the last picture the "shunt" appears to the bi-metallic strip that moves the needle, and is heated by voltage flowing through coil the strip being 2 different metals will expand at different rates and deform (straighten out or curl further) as you are getting a full scale deflection it seems that there would be too much current flowing so something could be shorted. try measuring the resistance across the terminals and compare it to the one you repaired.
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