DRF aka Thrifty Bill
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
Mentioned: 5 Post(s)
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Typical low end relabel of a Japanese bike. I would be happy to get $75 for that bike in present condition. I would have no problems calling it a "Peugeot". There are several Schwinns out there made by others, I have a Panasonic Schwinn myself. Some brand names didn't make a single bike: Lotus and Univega are two that come to mind. As a low end bike, I see advantages of it being Japanese, mainly, no french threading to worry about, everything is pretty compatible with what is out there as far as parts.
Small size is a big plus. So maybe you can get $75 for it. Good luck!