Did you ever have Norton on your system, as I believe this ised to have a protected recycle bin ?
Recycler is the normal recycle bin folder name, see image and why I feel that the $recycle.bin is totally different, a special 'file,' one that is protected rather than a folder.
@ CharleyO
The numbers aren't registry key entries, as prior to my little test my recycle bin was empty and on deleting two 'files' the entries are what resulted.
Edit: tested the deletion of a folder with a couple of files in it and this is the path E:\RECYCLER\S-1-5-21-3126928747-2492246226-67290611-1004