Singlespd and Michael Angelo pegged it.

I'm curious about your rationale - would you mind elaborating a bit? I'm wondering if it is worth it to you to emulate an earlier Paramount frame style, versus simply acquiring one that is already chromed in those places - for the price of paint and chrome you'd easily be able to purchase a classic-era frame. No criticism is intended by this observation, it's just me trying to satisfy my curiosity. I also have a 1989 Waterford-built Paramount, as well as a couple of "classic" era Paramounts. One can't help but try to compare them from time to time (it's a sickness, really.) My 1989, like yours, I'm sure, has no chrome at all; it's fully painted, whereas my 1972 has chrome "socks" and lugs. Aesthetically, I find both to be very appealing, but I'm having a difficult time picturing my later bike dressed in the chrome and paint livery of the earlier ones.

Whatever you decide to do, I'm sure that pictures of the finished bike will be greatly appreciated, and I'm anxious to see how it turns out.