1896 Raleigh ‘No 5’ Road RacerFitted with 1902 ‘The Hub’ Two-Speed GearRaleigh named pedals and handlebar grips24″ Frame. 28″ Wheels. Frame No 32086 A Raleigh in 1896 was a very upmarket bicycle, so it’s not surprising that it was updated a few years later with the latest state-of-the-art contrivance available ..