Classic & Vintage - Schwinn Varsity -- single speed or back to multi?

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Would a '70s Schwinn Varsity have more value as a single speed or original 10 speed? I realize we're not talking a lot of money either way. I guess maybe the better question is, which would be more marketable these days?
I bought a pile of bikes parts and pieces recently that included a bare Schwinn Varsity frame. I paid $35 for the whole pile and sold two forks and a nice seat on E-bay for $75, so I'm ahead of the game. I dug through the pile of stuff and cobbled together a single speed using the Varsity frame and a variety of parts from various bikes. Now, granted, it looks pretty silly but it was a test to see if I liked the single speed concept and it is surprisingly comfortable to ride.
In further exploring the pile, I found most of the parts to restore the Varsity to original. Sadly the paint isn't that great so I'm leaning toward a rattle can resto just to make it look a little better. I've regreased all the bearings, new cables and brake pads and trued up the wheels, so it rides like new. Hard to believe it's a 35lb boat anchor until you try to pick it up.
Any thoughts?
http://members.cox.net/jlaughlin9/varsity.JPG
NormanF
03-01-09, 01:42 PM
Is THAT a high rise handlebar? Looks cool. If you're going 700C, I suggest you go single speed with alloy wheels. The EF frame is built like a tank. Nothing you can do to shave off weight there but you'll still get a nice riding beater bike. Enjoy your Varsity!
sonatageek
03-01-09, 01:56 PM
I suspect it would sell for more as a ss/fixie - Change the handlebars, loose the dork disk (spoke protector) off the back wheel and a bit snazzier seat.
Thanks for the tips. The bike's a bit short for me, which is why the seat's so high and I installed the tall handlebars. Oddly, the clunky seat is actually worth more than the bike -- it's a leather Schwinn spring seat in really nice condition. I have a couple useable seats but I was going for more comfort than style.
I've never heard the spoke protector called a dork disc... :D
squeaver
03-01-09, 04:48 PM
You wouldn't happen to be in Wichita, would you?
RobbieTunes
03-01-09, 04:55 PM
Lighten it up and keep it single, the only future for that bike.
As forum regulars know, I like gears a lot, so you know how I would vote ... :)
I have fond memories of growing up riding single speed bikes. This Schwinn is fairly close to the bike I rode through college back in the day -- only the college bike was older and uglier. I took the "new" model for a ride last week and my 57-year-old knees reminded me why I ride 21 speed bikes these days. Which led to the question on should I or shouldn't I convert. :)
You wouldn't happen to be in Wichita, would you?
Nope, a couple hours south in T-Town.
I'm not sure what I will do with this bike -- maybe just play with it a bit and use it as a test-bed for painting and decal ideas....
sailorbenjamin
03-02-09, 05:18 PM
What's the terrain like in your neighborhood?
Right around my house it's nice and flat and I routinely go on 5-mile rides in this neighborhood without any hill climbs. However, any direction I go outside the neighborhood is hilly. We also have a river trail system that's flat and would be a good place for a single speed ride if I were to load up and drive over there. So, I do have a reason to keep it. I just have to relearn the power in place of cadence thing.
mkeller234
03-02-09, 10:36 PM
I am guessing that schwinn seat is not real leather, I had one like it on my suburban. That said, your right those are pretty decently valuable and extremely comfortable.
I vote single speed. Why not, it's a perfect beater bike. You could use it for winter commutes with less maintenance. That is a great bike to just have at it, so I vote have at it.
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