Hurray! Like band new! and ready for the next 50 years.
Eventually that disk might go too, but that's another thread.
And you might be more ready to attempt a solder job there by then.
After all its
your baby now right?
Though the breaker is new, and all seems well in ZW land, I think an amp reading session on tracks, and trains asap would still be a good idea. Is a meter on the way still?
Something you have going, may have been taxing the old breaker. A new one could still be straining, on the edge of tripping.
(Also, after installing, was the operation of the new one confirmed with a timed draw/short? It should be.)
Its hard to say what caused the failure, time, abuse, metallurgy, chance?
Inspection of points and arms, is all you can do. Metal wont always color streak from heat stress. So that's leaves you guessing there, unless its obvious.
Points need to be smooth, and parallel when closed. More surface=less resistance. Fouled by carbon, dirt, oil, etc, they cant sit flat. And electricity must "jump" further (at that level, smooth isn't even "smooth"), and more often, leaving carbon traces with each jump, and so the viscous cycle begins. Eventually it is lifting them apart. Even kept clean with better grades of points, with each arc of electricity a tiny particle of point material can jump with the electricity, leaving a pit, and depositing/welding itself to the opposite point leaving a bump, but usually a sharp "tip". If you file on a few bad points you can feel carbon vs tipping, and see pitting with your eyes.
On an old car, pits and tips are from using set book values vs adjusting gap, tailoring it in the proper way, for the system in hand.