Thanks for the reply 45Man. I just got a reply from Lori at Daisy CS. The orange o-ring (Viton) is for the valve body, whereas the black one is for the piston. Maybe a recent change to the 753 spec or maybe just an across the board change to simplify inventory? Daisy stock # on bag and packing slip coincide with parts list sent by Daisy for 753. Either way, I'm back in business and my wife will be happy once I've re-assembled and got everythong off the kitchen table.