Thanks Vaanth, Great research. Did the intake seats eventually get the upgrade as well?
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The intake valve seats do not need hardening, or hardened seats installed. The intake valves do not run hot enough to cause excessive wear that an exhaust valve can experience.
The exhaust valves and seats run much hotter, so the "pounding" loads in operation can cause them to wear faster, or recede, which leads to the valve "sinking" in the seat. The lead deposits from leaded gasoline provided a cushioning and cooling effect for this "pounding" and reduced the wear on the seats, although that was not its original intent.
Tetraethyl lead was first added to gasoline in the 1920s as a relatively easy and cheaper method to raise the octane rating of the gasoline. A side effect was the cushioning of the exhaust valves. Lead deposits also posed a problem with too much lead deposited leading to fouled plugs, coated valves stems, etc. Octane could be raised with other methods, but cost more. Standard Oil / American Oil Company, later Amoco, sold an unleaded premium gasoline whose marketing point was to help clean the lead out of the engine for better tuning. It was common to run a tank of "Amoco white gas" periodically to help with keeping the lead down to prevent plug fouling and other lead deposits in the exhaust system. The tetraethyl lead added a red color to the gasoline.
Phased lead reduction was occurring prior to and was mandated in 1972. To prevent exhaust valve recession, the valve seat was hardened. By 1976 full lead removal was mandated for catalytic converter use. Lead "poisons" the platinum and other elements used in the converters, hampering or stopping their function by plugging them.
Even with lead cushioning of valves, heavy use such as in trucks, especially large trucks, can lead to exhaust valve recession. Exhaust valve rotators, sodium filled valves, added cooling passages, and other means have also been used to combat this exhaust seat wear in those applications.
Induction hardening was used to harden the seat already machined into the head metal. Hardened seats can be added to existing heads by machining out the original seat and inserting the hardened seats into the machined area. Induction hardening was cheaper and quicker to implement at car manufacturer production levels than machining and adding seats. Induction hardening is relatively shallow compared to an added seat though.