Vintage 1st Gen. Early 70's Shimano Crane D-501 Silver Short Cage Rear Derailleur.

Very low use derailleur, with patina and small blemishes, early version without a date code, also note the position of 

the housing stop shoulder and the absence of cable tension adjuster threads.

Available as a direct dropout mount, or with the adapter dropout plate for frames without a derailleur hanger.

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Combined shipping available for multiple items won.

Feel free to email any questions.