Originally Posted by
Daniel Sundance
I was looking at the badge and it had clear tape around it, I'm guessing it fell off at some point, could it have been replaced?
That is a rare "Starburst" headbadge, which was used on Schwinn's high-end bikes for '61 through '63 only. It is plastic and was originally glued on with 3M weatherstrip adhesive. I would recommend re-attaching with silicone instead. Those badges alone regularly sell for
upwards of $50 in good condition. You can see more information about them
here.
The fenders on that Traveler were also made of stainless steel, so they will never rust. That model Traveler was discontinued after '66.