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Early 30's-50's Paramount???

Old 10-14-18, 10:42 AM
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rideandgoseek 
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Early 30's-50's Paramount???

No relation...

Thought this was an interesting CL ad. Anyone pinpoint actual year? Originality? Value?

465 bottom bracket serial number

Looks to be in an antique shop

https://denver.craigslist.org/bik/d/...722764627.html
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Old 10-14-18, 11:44 AM
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It appears to have a Huret Alvet (intro. '58) RD and Simplex Competition (intro. '47) FD. I would guess that it's not totally original; it also appears to have mounts for a chain guard, so maybe an old Tourist model converted in the 1950's for derailleurs?

It has the ball end seat stays which were an early feature according to Waterford but early Paramount records were destroyed in 1948 so it may be impossible to determine the year. Personally, I don't think the asking price is ridiculous.
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Old 10-14-18, 12:29 PM
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...interesting bike, thanks for posting. Appears to be an early track (possibly 6-day ?) racer from the heady early days of Schwinn Paramount.
The conversion is also pretty interesting. One supposes it had those fittings on the rear ends for fenders ? (Unsure on that supposition.)

2,000 bucks is a lot of money to start a restoration before you do anything else.

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Old 10-14-18, 12:55 PM
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First off remember that stem goes for around $500 on the big pirate site. Probably not a 6 day bike with chain gaurd and fender tabs. Still, keyhole lugs and a few correct bits the price is not that far out of line if you want one of these, if you had to have one of these and went looking for one you would be lucky to find this at this price. @Kactus is correct, Nothing ridiculous about this price.
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Old 10-14-18, 04:14 PM
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Brazed on tabs for fenders/rack? Hmmm.
I would have to double check they were not silver soldiered onto the chrome. Curious I think.
I do not recognize the rims and schrader valves... more curiousness.
Big bike.
Tall guys are cheap.
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Old 10-14-18, 05:50 PM
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I can't offer a price or additional group information, but antique shops almost always will bargin..especially with a price tag like that, cash will be your friend.
Ben
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Old 10-14-18, 07:17 PM
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Pic Assist

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Old 10-15-18, 05:37 AM
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Very long chain stays and large fork rake indicate not a track model but a Sports-Tourist, so the fender eyelets and chain guard mounts are OEM. It's been converted to a racer with saddle, drop bar, adjustable stem, derailleurs and double plateau crankset. Designed for 26 x 1-1/4" wheels, which may be OEM, along with the brakeset.

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Old 10-15-18, 08:58 AM
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....I can't believe I missed those chain stays.
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Old 10-15-18, 09:14 AM
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...there's a n informative thread on these over at CABE. link
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Old 10-15-18, 05:21 PM
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Originally Posted by T-Mar View Post
Very long chain stays and large fork rake indicate not a track model but a Sports-Tourist, so the fender eyelets and chain guard mounts are OEM. It's been converted to a racer with saddle, drop bar, adjustable stem, derailleurs and double plateau crankset. Designed for 26 x 1-1/4" wheels, which may be OEM, along with the brakeset.

Well, that definitely looks the part.
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Old 10-16-18, 03:04 PM
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-----


The 49A chainset alone is worth a small fortune...especailly for a seller willing to ship to Honshu.


-----
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Old 10-16-18, 03:17 PM
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Originally Posted by xiaoman1 View Post
I can't offer a price or additional group information, but antique shops almost always will bargin..especially with a price tag like that, cash will be your friend.
Ben
That's what I was thinking.

That's a heck of a bike but the rear rack is some ugly.
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Old 10-16-18, 04:04 PM
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Originally Posted by bikemig View Post
That's what I was thinking.

That's a heck of a bike but the rear rack is some ugly.
Change the rack or give to the shop and bring money in 50's you'll be good to go, I always bargain at an antique store but ask to speak to the owner of the booth directly.!
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Old 10-16-18, 07:14 PM
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I think its a pretty decent deal. I'f be very tempted if I was in the Denver area right now.
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Old 10-16-18, 11:00 PM
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Originally Posted by 3alarmer View Post
...interesting bike, thanks for posting. Appears to be an early track (possibly 6-day ?) racer from the heady early days of Schwinn Paramount.
The conversion is also pretty interesting. One supposes it had those fittings on the rear ends for fenders ? (Unsure on that supposition.)

2,000 bucks is a lot of money to start a restoration before you do anything else.

Too bad they're now up to $5000 on the price tag. They've moved into truly stupid territory now.
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Old 10-16-18, 11:06 PM
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I think you guys need to take off the rose colored glasses and take a hard look at this bike. #465 is probably a 1954. It’s a tourist model frame (has Tabs for chain gard) It only has 2/3 of its Brooks seat and I don’t think it is the right one for a Tourist. It’s missing it’s chrome fenders, it’s Schwinn branded brakes, it’s chrome Schwinn scripted crank set with PARAMOUNT stamps on the sides, the BB axle with Schwinn stamped in the center, the chrome and matching paint chain gard, the stem and handlebars stamped Schwinn. The pedals and probably other things
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# 913 sat on the DC craigs list at $1900 or $2000 for more than a month in the summer, the paint and components were way nicer on it, before one of are members coaxed it to come to the west coast.

At $2000 it was $500 to $700 over its worth, now its $5000. My guess it will set a long time since he will not ship, and is in the middle of Plaines ( 200 mi from Denver)
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Old 10-17-18, 06:58 AM
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Yes it has crossed into silly/crazy price range now.
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Old 10-17-18, 08:02 PM
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Originally Posted by wrk101 View Post
Yes it has crossed into silly/crazy price range now.
At $5k, the profit margin is king scheme of retailing.
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Old 10-18-18, 05:23 PM
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The day I created this post I reached out to them and threw out an offer below the $2000 asking price.

They politely told me 'no thanks, we've received 7 full price offers and had the American Picker guys tell us to hold onto it and they'd buy it for considerably more when they were out in Colorado next spring'

Now they're asking 5K?

This whole situation is bananas
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Old 10-18-18, 05:35 PM
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Originally Posted by rideandgoseek View Post
The day I created this post I reached out to them and threw out an offer below the $2000 asking price.

They politely told me 'no thanks, we've received 7 full price offers and had the American Picker guys tell us to hold onto it and they'd buy it for considerably more when they were out in Colorado next spring'

Now they're asking 5K?

This whole situation is bananas
Sounds like a big fart of bog gas to moi. When the dollars signs appear in their eyes and they start channeling the spirit of Scrooge McDuck, I find it time to chuckle and move on. This hobby has its' share of bemusements, I tell ya.
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Old 10-18-18, 05:41 PM
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...the American Picker guys tell us to hold onto it...
... by the time it gets on TV, it will have belonged to Sgt. York
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Old 10-18-18, 06:16 PM
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Originally Posted by rideandgoseek View Post
The day I created this post I reached out to them and threw out an offer below the $2000 asking price.

They politely told me 'no thanks, we've received 7 full price offers and had the American Picker guys tell us to hold onto it and they'd buy it for considerably more when they were out in Colorado next spring'

Now they're asking 5K?

This whole situation is bananas
Someone's been smoking a little to much of that Colorado bud.
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Old 10-18-18, 06:36 PM
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Originally Posted by 3alarmer View Post
... by the time it gets on TV, it will have belonged to Sgt. York

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Old 10-18-18, 06:55 PM
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Originally Posted by 3alarmer View Post
... by the time it gets on TV, it will have belonged to Sgt. York
And the American Pickers guy will offer him $900.
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