With a New FD lens, when it is rotated to release it from the camera, the iris stops down to a mid-level -- in the case of my 85mm f/1.8, this is f/8. Might be different with others, I don't know. My 85 is what I have handy at the moment. This is the default iris configuration with a New FD lens when not mounted to a camera. I don't recall, off-hand, what is the norm with the breechlock lenses. So anyway, if your 50/1.8 is a New FD lens, does it exhibit this stop-down behavior when dismounting the lens? If not, this would be a place to start in the investigation, I'm thinking. You mention you know the FD system well, so I'm probably not stating anything you're not already familiar with, but it never hurts to ask.