Joined: Oct 2011
Posts: 625
Likes: 45
From: Youngstown, OH
Bikes: '63 Schwinn American, '64 DL-1, '65 Schwinn Racer, '73 Super Course, '83 Voyageur SP, '89 Miyata 914, '03 EZ-1, '13 Raleigh i8 Folder
That would most likely be a 1981 model. The imported Schwinn bikes used a different serial number system. Shimano Altus LT derailleurs and a hi-tensile steel frame. Value depends on condition. As high as $150 in my area if in good condition with new tires, cables, etc, (though I live in an area where there's not much market for road bikes) or as low as $20-30 if it needs tires and other consumables.