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Thanks, I think you're probably correct, I recall seeing white nylon pulleys in similar locations.
I asked the question partly because at 1.7kg for the frame, I thought it a bit light and racy for a hub gear!
Also when you look at other Stallard Zakopanes online, you only see those equipped with front & rear derailleurs - I think there's a tendency to build classic lightweights to the best spec. the period will allow - presumably so you can get it uphill!!
Anyone recognise this braze-on...?
It's on an early 50's Stallard.