On the early Honda 750 forks with a bush in the top (K0-K2), you have to install the fork staunchion/tube with the bush, then the seal last.
The staunchion/tube is fitted with a piston/bush at the bottom, which is bigger diameter than the seal...
You is right; I is wrong...

OK; on the '77 forks which I am using the tubes, lowers, guts, and top nuts off of, there is a muchroom-shaped aluminum piece that sits between the fork piston and the lower...I commented above that mine didn't have that bush, but I should have said that mine didn't have one that came out easily...
After installing the '77 seal, circlip, tube, and internal guts on my '73 lower and filling with Honda 10w Fork Oil, I disassembled the 2nd '77 fork only to find that fork had an easily removed mushroom-shaped thingy...

It's # 14 in the pic below, but it actually is mushroom-shaped...

So I disassembled the 1st fork; removed the seal (Sears seal remover; works very well, with no damage to the seal); managed to knock the mushroom-thingy out and install it between the piston and lower, and then re-installed the seal with a piece of PVC pipe/coupling and refill with fluid...
The 2nd fork went together only once...

So, now they're polished [lowers], resealed, and ready to go on the bike...along with the 750 front fender, rebuilt front caliper, refinished front wheel, and new tire...
...whenever I can get some of that Dow Corning high-temp brake grease...
