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Looking at the S# today I saw a faint M so Malaysia would be my answer. I’ve had one other Raleigh from that part of the world.
Tear down was limited to cleaning the frame, lubing the HS and wheels. Unfortunately it looks like the PO put grease in the hub. Might be why the shift change is so-so. The HS was a crisis moment when the 3 indent lock ring refused to come off. The cheap reflected bracket had messed with the threads. Trying to get the lock ring off only made it worse! Out came the Dremel tool. Saved the day but have empty space to fill. The front wheel did not have the set cone only on one side so was easy to clean and put together. Typical, one side had grease the other was burned.
The flamboyant red colour really shows when in the sun. My black Carradice bags will be perfect for this machine. I also have just gotten a nice Sella Italia city saddle from a BF member so it will start for me on this bike.
Pics when I make the bike roadworthy!