Matt, I do know that some contemporary Stands have removable rubber tips but don't know how that would apply to old Ludwig Stands.
I always "dip" and have two waiting for this treatment right now.
If there is any of the original coating left, or it's just split open which is the most common situation, I spread it open and scuff it up some before glueing it down. I then simply do the dip, which comes in a variety of different colors, including red, yellow, blue & of course, black.........
Hanging Basket
[IMG]http://pic4.picturetrail.com/VOL770/2917504/18308495/290694609.jpg[/IMG]
Here are some repaired, dipped, tips.
This looks to be the one that I dipped 3 times, which is one more than you really need.
Two will suffice...........
[IMG]http://pic4.picturetrail.com/VOL770/2917504/18308495/290694650.jpg[/IMG]
Here is the product that I use, which I have to special order but I'm sure it's available on line somewhere.
If you happen to see a little aluminum foil near the top of the can, which I tried to crop out, it's just something I did to keep it from drying out since this can arrived where I get it, damaged. The top is basically like those found on a Pringles Can.....
[IMG]http://pic4.picturetrail.com/VOL770/2917504/18308495/290696329.jpg[/IMG]
LVDC