Funnily enough Peter I bought a NOS No5 butt at The War & Peace show today. It is a converted Herbert Morris HM/N49 butt, with the butt swivel recess very neatly patched as you indicated. Didn't find anything scintillating, but did also pick up a very nice set of Canadianwalnut No4 wood. Only saw one No32 for sale & that was quickly snapped up by a fellow forummer from the Welsh valleys...