Don't you think that #2 is that part of the spindle?
And the #1 is the oil seal cup?
Don't you think that #2 is that part of the spindle?
Now the spindle/axle nut looks like it needs drilling and safety wire, WTF.
NKN is correct. Item 2 in the photo is machined on the axle. Item 1 is the "washer' behind the spindle nut. I believe the Matchless parts book calls it "oil seal collar" P/N 029262. But again, no photo or illustration.No , I don't think so. both pieces ( 1&2) appear to me to be free floating spacers.