Ran across a rather smallish, blink and you'd miss it, kinda yard sale yesterday. And they just so happened to have a bike my size (23")! Was told by the seller that he purchased it (presumably new) in 1978.

He said he did extensive work to the bike in 1995. Had the frame custom painted. Cleaned, greased, and repacked all of the bearings. And, replaced the original seat. I'm thinking he may have also replaced the cassette at some point as it does not look original to me, not that I have any basis for comparison. Tires are terribly dry rotted, but luckily I picked up some spares during Wal*Mart's spring clearance event a couple months ago.

As for what the bicycle is, was told it is a Schwinn Le Tour II. Labeling and badge are absent from the frame, apparently already removed sometime prior to the custom paint job, so just going to assume that bit of information from the prior owner is accurate.