FWIW, the first time I looked at the Raleigh pic I sussed out pretty fast that the downtube logo must say Raleigh, although I'm not sure that it would work from the other side - we can read our alphabet better when presented with just the top half of letters rather than just the bottom half, IIRC
FWIW, the first time I looked at the Raleigh pic I sussed out pretty fast that the downtube logo must say Raleigh, although I'm not sure that it would work from the other side - we can read our alphabet better when presented with just the top half of letters rather than just the bottom half, IIRC