Yes you can calibrate the old VTVM's yourself. I bought an old Heathkit IM-18 for about $10. The probe came broken; the battery holder inside was corroded; and the darn thing didn't work anyway, though it was supposed to. No manual. But I got it real cheap and even shipping was covered, 'cause I bought another item from the same seller at the same time. The seller was real nice and offered to take it back for a refund. But I kept it. And it has 2 Mullard tubes in it, one a 12au7!
So I bought an identical unit, guaranteed to work, from another seller with a manual, probes, etc. It works great, though I had to calibrate it. The manual tells how. With the manual I should be able to fix the first purchased unit; but I'd rather work on amps!
So, bottom line: you're taking on a new skill set to use this old equipment. It's a way to possibly get some really neat tubes and trannies.
But if the unit doesn't come complete, it's a whole new hobby taking time and money to acquire & refurbish the equipment, find manuals, and probes, etc., etc.
Still I went through a phase and got an old tube signal tracer (listening amp), sencore mighty mite tube tester, a signal generator, a resistor-capacitor comparitor with the eye-tube!, and a few resistance-capacitance decade boxes. All were guaranteed to work and came with manuals and probes for applicable items. Even so I had to do an easy fix to the comparitor.
I really like the VTVM. It measure up to 1500 volts. I have some amps with 600 volts on the plates and my cheapo radio shack DVM's only go to 500 volts. Also it measure decibels but I haven' learned to do that yet. Still reading an analog meter is yet another skill set.
I also like having more than one voltmeter, so I can continually monitor one voltage, while spot checking other voltages in an amp.