Kurt, that makes sense. The hubdate on the SA hub is 64.
Clubman, I guess that answers your question. I will take a look for the serial number for you soon, the bike is 'in storage' at my parents' place for the winter.
There are a couple guys trying to sell old Raleighs with similar paint schemes on our Craigs these days. One Orangey/gold Lenton Sports has been going up once a week for about 3 months now:
http://toronto.en.craigslist.ca/tor/bik/1615380897.html
There is another one in purple/white that I can't find the link for. Maybe he finally sold it.