Barry,
Everyone will never be in agreement that’s life. Learning along the way makes it interesting.
I am positive there are smith’s combination gauges that have BSP at some point during the manufacturing time, no question. I wonder if it’s “a” mid 50’s thing that there was a change.
Trevor, the major OD of a ¼” BSPP is 0.523 (measuring the tap itself).
I stay away from quoting the OD size of BSP.
I’d tend to measure the major diameter 5-7 threads from the large end and some would not. In tapping tapered pipe threads, I was taught to stop 5-7 threads short from full engagement of the tap and check for fit with a fitting. The rule of thumb is to check the theads for 1-1/2 to 3 threads engagement by hand before needing a wrench to seal. This surprisingly will get you very close to a gage fit (a tool inspectors use to check proper fitment,engagement).
"dug"
Threads are fun!