What Vick said, regarding the Hartzell HC 12x20, with the exception of redline which was 2900 on props in some applications when they were new - not that I'd run it that high; you're liable to stretch the oil bladder and ultimately cause it to fail. When learning to fly the airplane I must confess that I did get the RPM that high <blush>, but not intentionally. The airplane actually climbed better when I reduced RPM - probably because I'd yet to discover that my prop was 80 inches rather than the TC specified 78.
Regarding reducing RPM, I was told by my instructor that I should reduce power first, and then pull back the prop to save strain on the engine. But everybody has their idea of what constitutes undue strain and what doesn't so take that FWIW.
Although I don't have my POH in front of me, I recall Vy for the 14-19 as 103mph, subtracting 1mph for each 1000 ft. of altitude.
2550 is book redline for Cruisemasters with the O-435A1. It should pretty much stay that way even with the later, heavy duty prop clamps and a conversion to the O-436A1 rated at 225hp. You can only get the higher horsepower at higher RPM. Thus most of the people who opted for the conversion did so to either prevent lead fouling or for non-standard ops (well...non standard nowadays) such as bush flying or operating out of short fields during hot months.
One fellow very experienced in such ops would employ flaps on take-off and run as high as 2850 at Vx which is just below Vfe. Yes, he got into and out of fields that would create a laundry emergency for most of us. However, he'd done this sort of flying in his 14-19 for 29 years.
Many 14-19s were operated in this manner (my airplane was originally delivered to Alaska for ops there, for example, and the logbook notes it also operated on skis) in the early '50s. Those were very different times, however, and very different pilots.
Today, on contemporary GA airfields, I firmly believe that the book number of 2550 is good and there is no need to depart from it.
It's interesting to know that the airplane can do remarkable things apart from the norm. Heck, it's part of the breed's history. Many of today's pilots regard the old time Bellanca pilots as being close to nuts. I've known several though. They learned to fly when young, they're old men now, thus their very existence proves they were not reckless. Now, if I try to pull the sort of things in my 14-19 that they did, THAT would be reckless :lol:
Jonathan