UPDATE:
Mrs. K's new Paramount is ready to ride with a whole lot of cleaning and touch up, and modifications to suit her preferences. She did not want to sit on an old, stiff as a board Brooks saddle, so her old padded one goes on the Paramount, with upright bars and stem shifters. I had purchased a set of Twin Stick shifters from el twe, but she preferred the Power Shifters from her old Super Course. Not to worry, the Twin Sticks will find a home on a future project!
Here it is pretty much as it came out of the box after a little assembly work:
It was in pretty rough shape. I was expecting better but wasn't terribly surprised. It was covered by an oily haze, long since solidified. I can only guess that it was kept around machinery or something like that where there is a fine oily mist in the air. Fortunately, the chrome was pretty good. These two photos give a pretty good example of the grime and overall condition:
After much cleaning and touch up, we have something worthy of riding once again:
And we now have "his and hers" Paramounts!
One other thing....A big THANKS to whoever was thinking and decided to put the reflective bicycle license underneath the Brooks. Obviously this bike was owned by someone who really cared for it back then, and didn't want to foul the looks with this ugly license.