Right Spur, but may I suggest to leave the nut on, just fully covering the treads to begin pounding the pin out. After breaking it loose, remove the nut and using a correct sixe drift finish driving the tapered bolt/pin out. You will notice some flutes in the OD of the pin. These will have to make mating flutes in the opposite side of the axel when driving the pin back in. The nut may not have thread strength enough to pull the pin into position, so as you tighten the nut with the lock washer behind it, tap the pin in to follow the nut. Should work fine that way.