Yes, turn off water, losen the nut and open/unscrew round handle at same
time. Should be a washer. Take removed valve to hardware store so you can
get a new washer which fits properly.

That will fix it 95% of the time...

Sometimes there is a "rough surface" on the "seat" or the spot inside the
faucet where the washer presses against. Feel it with your finger tip to be
sure it is smooth. If rough, use a little sandpaper to smooth it. Then
clean off with water (turn water on for a second). If there is a rough
surface, it will damage the new washer and begin leaking again soon.


"Buck Turgidson" wrote in message
Given this photo, how do I repair a drip? It is a quite old faucet. Do
I
remove the round handle and packing nut directly underneath? Then what?
Do I replace the step, or is there a washer under there? Thanks for any
help. I am plumbing-challenged.


http://jcman.hostingisfree.com/faucet.jpg