Rick, I have never seen such a washer on all the motors I used and still have from Bill... I don't see anything wrong with it of course as it could have been use to center the spring, but no need for insulation of course.It looks to have a fiber washer insulating the "spring post" from electric current too? Like so ?
Regarding the lead wires, the modern orange stuff is too thick but there is so far nothing I found to replace those original Riggen lead wires, that I used the whole time I was racing as Al Riggen had given me a box of them. I also gave some to lle Gilbert and he built his cars with them for quite a while. 256 strands of the finest American copper...