Bruce, it's definitely a -01. The 'round' PTO lever is a dead giveaway.
It may very well have been repainted at some point. It's remarkably rust free underneath and on the frame.
Also the the decals on the hood are definitely from a later year. Not to mention the ones on the fenders. Plus the one on the rear that's covering up the hole where the tail light should be
We need Jerome to post a pic of a PROPER 1886-01 for comparison.
After looking a the vid again, and comparing it to my other 1886-01, and pics of 1886-01s on the net, I'm going to say that it's DEFINATILY been repainted at some point. It looks like the 1886-01 should be almost totally white, except for the engine and wheels.
I looked at a 1971 Bolens brochure I have (.pdf) but that was no help as the picture they show is of a 1477 with 1886 decals on it!
Edited by OldBuzzard, January 18, 2013 - 08:01 AM.