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1st Generation Schwinn Track Bike

Old 06-15-24, 09:01 AM
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1st Generation Schwinn Track Bike

I have no idea how to appraise this bike. It's part in cyclery history is rare. Please, someone help me. I can find no other being offer to base a price on.
i cant get pics up yet. The bike is a Schwinn Paramount Track bike with a serial # A360
It is an Emil Wastyn frame. One of the first made in his shop blocks from Chicago Schwinn.
To me it seems priceless. But everything has a price.

Last edited by 1Twilhelm2; 06-15-24 at 10:29 AM. Reason: Adding more info
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Old 06-15-24, 10:19 AM
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pictures? year?
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Old 06-15-24, 10:41 AM
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My first thought was this was about the 85 Madison tracks.
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Old 06-15-24, 10:44 AM
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I donít know how to answer your polling to the question. I actually did have vintage one I had up for sale last year, I still have it. My asking price was not met to my satisfaction.

I guess one could do an ebay search, completed auction I recommend.
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Old 06-15-24, 10:53 AM
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Contact Michael Maher and Galon Tonell.

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Old 06-15-24, 10:59 AM
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Can Get Pics Up

Originally Posted by 1Twilhelm2
I have no idea how to appraise this bike. It's part in cyclery history is rare. Please, someone help me. I can find no other being offer to base a price on.
i cant get pics up yet. The bike is a Schwinn Paramount Track bike with a serial # A360
It is an Emil Wastyn frame. One of the first made in his shop blocks from Chicago Schwinn.
To me it seems priceless. But everything has a price.


Where OP can upload more photographs Album type place.
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Old 06-15-24, 11:06 AM
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I cannot make sense of the polling question.

these bikes have value BUT, there might be a dozen people who really know and only have of them are potential buyers. The market is thin.
Condition and originality is Everything.
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Old 06-15-24, 11:13 AM
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Thread moved from C&V to Aapraisals
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Old 06-15-24, 01:12 PM
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Hi 1Twilheim2 nice Paramount. Best guess $500-1500 in its present condition
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Old 06-15-24, 03:19 PM
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Originally Posted by 1Twilhelm2
I have no idea how to appraise this bike. It's part in cyclery history is rare. Please, someone help me. I can find no other being offer to base a price on.
i cant get pics up yet. The bike is a Schwinn Paramount Track bike with a serial # A360
It is an Emil Wastyn frame. One of the first made in his shop blocks from Chicago Schwinn.
To me it seems priceless. But everything has a price.
Welcome aboard, glad you found us, you're in the right place.

Very cool, we love Paramount's, I have 12 so far.

trainman may come up with a better estimation of the year but A360 is not from the beginning, early 40's maybe, well into the history.

I have 289 that is determined to be 38-39 so... Wastyn made, most all of the early ones were.




And these, original 1958 green road, PT27 women's green believed to be very early, redone in the 70's with modern livery also Wastyn made and an original red women's 70's.


Last edited by merziac; 06-15-24 at 03:28 PM.
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Old 06-17-24, 06:31 PM
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Originally Posted by trainman999
Hi 1Twilheim2 nice Paramount. Best guess $500-1500 in its present condition
Considering that the sliding stem it has can fetch $500 by itself, the phone dial hubs another pretty penny, the correct skip tooth cottered crank a few more hundreds, and then there is the frame, pedals, handlebars, which are all highly desired by the 1940's crowd, I would think it should be far from the $500 mark.

I had a 1945 Paramount frame. After figuring out how much it would had cost me to build it right I sold it for $1k a few years back. This one is pretty much all there.
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Old 06-18-24, 07:43 PM
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The bikes on ebay right now. The seller seems to know alot about the bike, all except value. I agree the parts have some good value to the right guy. The 38s and 9s bring the best money which this one seems to be. The bike needs restored which I almost never say if theirs some og paint left,on this one theres not. There was talk of a crack in the bottom headlug, shows pics but doesnt disclose, not a killer but doesnt help the bike. The bike deserves a resto
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Old 06-18-24, 09:07 PM
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Originally Posted by konakai
The bikes on ebay right now. The seller seems to know alot about the bike, all except value. I agree the parts have some good value to the right guy. The 38s and 9s bring the best money which this one seems to be. The bike needs restored which I almost never say if theirs some og paint left,on this one theres not. There was talk of a crack in the bottom headlug, shows pics but doesnt disclose, not a killer but doesnt help the bike. The bike deserves a resto
i asked about the crack.. his response.." Thus the 3 closeups. You can see its up one side but not the other. It can't be felt. For what the bike is and its place in history is such a blemish an issue. There is no extra charge for it."
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Old 06-18-24, 09:33 PM
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Ive got no dog in this fight, im not biddžng or trying to buy the bike. Just thought id put it out there since he didnt, as i said its not a killer and like you said theres no extra charge for it. If you know about the blemish as you say before hand no big deal. Its a desirable bike and in the right hands with some money spent could be great
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