I'm constantly amazed by the depth of knowledge in this particular thread. You guys are something else.
Here's the closest shot I have of that decal over the 'C' in "Clubman" on the ST:
I can't tell from this photo, but before I began cleaning this, I really thought it said "Raleigh", which would track with this being a `49, as nlerner says.
My source for the serial number info comes from Kurt Kaminer's site:
http://www.kurtkaminer.com/TH_raleigh_serials.html#47
1947 437689P to 556893P (unconfirmed)
1948 556894P to 695050P (unconfirmed)
1949 Serials 695051P and approximately up to and past 730807P (a serial known to exist on a '49 Clubman)
This tells me mine is a `48. FWIW, there is a 4-digit stamping on the bottom bracket that says "7374". Not sure what that means, but since I am not doing a restoration here, it's really not too important to me.
The objective here is to build a fun, unique bike that I can enjoy riding and talking to other riders about whenever I stop somewhere. I won't alter anything that cannot be put right by a subsequent owner, but I'm not curating a museum here. Like most of you, I build and ride bikes for fun.
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