wj cody wrote:
what you are seeing is not fungus, but separation of the front lens element group due to the balsam cement drying. this happens often with older lenses. the folks at SK Grimes used to have a clean room and reset the elements, but they have discontinued the service.
however, from the angle of view of your photo, it appears if you stop down the lens one stop, you should find the lens will work just fine. also, it may never progress, but stay as is.
hope this is of assistance to you.
Thanks. I thought it was fungus, but it does look oddly symmetrical.