Strantor: yes there is a spacer. It is just a leather washer. When I am assembling the handle I use a slightly thinner piece of leather between the handle material and guard when I drill the hole for the pin. When I am ready for final assembly I use a thicker piece of leather. It causes the holes to be slightly misaligned, so I taper the pin, apply a good 2 ton 30 minute epoxy and tap the pin in place. It snugs everthing up real tight. I use the epoxy as insurance and to fill in any voids inside the handle. I make the entire knife by hand with the exception of a hand drill to drill the pin hole and help hollow out the handle. Sometimes I just can't seem to get the handle to lie flush with the guard. The spacer helps fill in any gaps as well. Here is another knife with leather spacers.