Thanks for the replies. I've cut a thread with the die. Not as straight forward as I hoped, the OD of the die is 24mm. A clue to its use?
I checked the thread with a gauge, definitely not 3/16 BSF, although a nut will screw on. Same for 2BA, closer than the BSF though.
I don't think its a spoke thread, as Clive F. says they are rolled, having said that I have a few dies for spoke threads, I assumed for cleaning up as Clive says.
Still a mystery, the die has gone in the "odd taps and Dies" box along with and a 1/4" x 25 tap, amongst others.
John