Quite.. i used to make tooling around the same era these cranks were manufactured (in the days before CNC) we had a machine called an Alexander Die Sinker / Copier.
I would make a pattern of (lets say) the crank, then cast a PU mould around it, remove the pattern so i would have a negative of the crank cast into a square block of PU (basically the die but made in PU) i would then get a block of SG iron the same size as the block of PU.. the Alexander had 2x heads / chucks, side by side, one with a stylus and one with a machining cutter which were both exactly the same size.. both heads worked in unison so the stylus would be tracing the shape of the negative crank while the cutter was cutting it out of the block of SG leaving you with the tooling.