Classic and Vintage Bicycles: Whats it Worth? Appraisals and InquiriesUse this subforum for all requests as to "How much is this vintage bike worth?"Do NOT try to sell it in here, use the Marketplaces.
Interesting coincidence. I recently got a job in the transportation department at Pacific Cycle, which owns Schwinn. The wife has been looking to replace the Mongoose mountain bikes (also owned by Pacific Cycle) we sold with cruisers so we can enjoy the bicycling opportunities Madison, WI offers. While walking the dog she found an old cruiser for $20 and brought it home. Turns out, it's an old Schwinn. It had a flat front tire and was missing the nut and washer off the front right side. I've correct those issues and sprayed some lubricant on the chain that the local bike shop recommended.
I've talken some pictures and will try to post them. After some research I can conclude it was made in 1987 in Taiwan by Giant.
it is in good shape and rust free. There are quite a few paint chips but nothing that immidiately detracts from the looks until you start looking it over.
Can anyone answer a few questions for me?
What model is the bike? Is it just called a Classic 5?
Are these the stock hand grips and foam padding on the handle bars?
Any recommended maintainance items I should do assuming little has ever been done to the bike.
Does anyone sell touch up paint that matches old schwinns?
Whats the approximate value of the bike in it's current condition?