Re: 1973 Mercury Thunderbolt 200 20hp Water impeller install
Is that two o-rings or one o-ring and one seal (metal outside rubber inside)? There should be a seal in the top of the water pump housing and the rubber ring (called a slinger) rides on the shaft just above the pump. The slinger doesn't do much, except maybe keep crud from getting to the seal. The more critical seals are below the water pump, where they keep water out of the lower unit. There is also a large o-ring there around the base of the water pump, but it is larger than anything in your picture.
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