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it's like some sort of black coating that chips off
but not horrific (see pictures)
Found on Mercury 50hp models with steering handle 38445A1 ---- 500-4 (1965) & 500-6 (1967)
321171 / 0321171 Retaining Ring
so please check the part stamped on the physical cap
OMC Cobra Upper Gearcase Sterndrive 4cyl 2.3L 21/21 Ratio 985689 986381 86-93 3.0L 2.5L Steering Helm Parts it's like some sort ofItem Details For use with OMC Cobra 4cyl Ford 2. 3L engines 1987 1990. 3. 0L 91 93 21 21T Gear ratio (Gear Set 984580 0984580) Model Number 985267 (stamped in plate) 984767 0984767 986379 0986379 3858917 Volvo Penta (equivalent) No leaks or bad seals found after pressure testing. Freshwater Used Part It does not come with impeller or impeller housing. You will need to add your own rear water pump cover (obviously not pictured) Original Paint. This
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