Originally Posted by
wahoonc
There should be a date on the hub. If it were me, I would clean the bike up and sell it as is, if you are flipping it. The cable clamped to the stay like that was used as early as 1964? on the Raleigh RSW/Compact RSW series. Typically it was combined with the grip shifter.
Aaron
Every one says this, but it may be true, or may not depending on the particular hub. I currently have two AW hubs; one has only a 3 stamped on it, and the other has no date markings at all. The unmarked one came on a Raleigh laced into a very rusty Westrich Rim so is most likely original; going by frame details it is most likely about 1960 vintage. The other one, marked with a 3, was on a Dunelt of apparently 1973 vintage as it has a 1974 registration sticker on it.