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Some, but not all, ’64-1/2 V-8 engines had cast-iron water pump pulleys, such as the one shown. Most had stamped steel pulleys.
How to Identify a '64-1/2 Mustang

Some, but not all, ’64-1/2 V-8 engines had cast-iron water pump pulleys, such as the one shown. Most had stamped steel pulleys.  View Related Article