Rather 2 cells of four elements.two elements of four cells
No lens over 100 years old is going to be 100% perfect. Even if there is no sign of edge yellowing, the balsam layer in any vintage lens will not be as crystal clear as it once was. The good thing is that further deterioration is very slow and as they say "will have no obvious effects on imaging quality" in your lifetime. The OP's photo shows a lens that may well be OK as far as edge damage - but probably is more doubtful due to the central "patching". Separation is never the "death" of the lens! It is rectifiable - unlike gross scratching and missing elements or cells.
For me, personally, I treat Balsam problems as a lesser evil than missing mounting flanges! But I understand that not everyone has the DIY bug as I have. So I always redo balsam on any lens I sell - even with just yellow edges.
Your Protar VIIa lens is certain not a difficult one to re-balsam
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