This part is next to a US 5 cent coin. The coin is 7/8" diameter. The part is about the same thickness as the coin. I found it stuck to the mag pickup on the gearbox drain. The ID of the part is very close to the OD of the coin.
The gearbox has a known problem. It jumps out of 3rd gear when the throttle is modulated at a normal rate.
It looks like it could be part of a clip or ring. Any guesses[8D]
URL=http://s615.photobucket.com/user/nickmi/media/TR7%201975/0002-1_zpsecd20c57.jpg.html][/URL]
[img][IMG]http://i615.photobucket.com/albums/tt234/nickmi/TR7%201975/Yellow.jpg[/img]
nick
'79 TR7 DHC
'76 TR7 FHC