Looks like a bike I would be glad to have. What model schwinn is it, there should be a name on the top tube. the head badge has 1872 on it, that means the 187 day of year 2. 72, 62, 82?? With down tube shifters, 3 piece crank, single pull brakes, and quick release front and back its not at the bottum of the schwinn line up. Keep it, ride it, or send it to me. If you start riding now the 40 will come off a lot quicker. Go a block or 2 next day go 2 or 3 every day a little more.