Today fillet brazing is a fabrication method best suited for custom and specialty bicycles, yet from 1938 to 1978 you could walk into any Schwinn shop and buy this kind of bike off the rack. Unless we invent a fillet-brazing machine, it may schwinn bicycles never happen again. On bikes with original paint the model decal, “CrMo” decal on the seat tube, bullet-pointed seatstay tops, and round “Schwinn-Chicago” badge on the head tube will indicate one of Schwinn’s fillet-brazed 10-speed bicycles.
The Paramount series had limited production numbers, making vintage examples quite rare today. The 1960 Varsity was introduced as an 8-speed bike, but in mid-1961 was upgraded to 10 speeds. Other road bikes were introduced by Schwinn in the early and mid 1960s, such as the Superior, Sierra, and Super Continental, but these were only produced for a few years.
By 1979, even the Paramount had been passed, technologically speaking, by a new generation of American as well as foreign custom bicycle manufacturers. A growing number of US teens and young adults were purchasing imported European sport racing or sport touring bicycles, many fitted with multiple derailleur-shifted gears. Schwinn decided to meet the challenge by developing two lines of sport or road ‘racer’ bicycles. One was already in the catalog — the limited production Paramount series. As always, the Paramount spared no expense; the bicycles were given high-quality lightweight lugged steel frames using double-butted tubes of Reynolds 531 and fitted with quality European components including Campagnolo derailleurs, hubs, and gears.
For over a decade, the Schwinn has set the standard as the cycle studio workhorse. Now, 20 years after Schwinn built the first production bike for indoor cycling, we are proud to introduce the IC Classic that combines the proven, traditional drive train of the IC Pro 20 with updated features of the rock solid Studio 3. The sturdy steel frame, heavy perimeter weighted flywheel, traditional chain drive, and direct pressure brake give mongoose bmx bike this bike the strength to keep it moving ride after ride. The SC 5 bike combines user-focused features, best-in-class biomechanics and a high degree of adjustability to deliver the optimal bike fit for riders of all shapes, sizes and abilities. To maintain uncompromising quality ride after ride, the SC 5 features a patent-pending bottom bracket that exceeds industry standards, rust-defying materials and rock solid construction.
Perhaps Schwinn can rearrange the legal terminology of its other distributional arrangements to avoid “the ancient rule against restraints on alienation” which the Court adopts. Perhaps other manufacturers who use sales as a means of distribution in a franchise or analogous marketing system can do likewise. If they can, the Court has created considerable business for legal draftsmen. If they cannot, vertical integration and the elimination of small independent schwinn bicycles competitors are likely to follow. Meanwhile, the Court has, sua sponte, created a bluntly indiscriminate and destructive weapon which can be used to dismantle a vast variety of distributional systems — competitive and anticompetitive, reasonable and unreasonable. Schwinn fielded a mountain bike racing team in the United States where their team rider Ned Overend won two consecutive NORBA Mountain Biking National Championships for the team in 1986 and 1987.
The Greenville plant was not a success, as it was remote from both the corporate headquarters as well as the West coast ports where the material components arrived from Taiwan and Japan. Additionally, Asian manufacturers could still produce and assemble high-quality bicycles at a far lower per-unit cost than Schwinn at its plant in Mississippi, which had to import parts, then assemble them using higher-priced United States labor. The Greenville manufacturing facility, which had lost money each year of its operation, finally closed in 1991, laying off 250 workers in the process.
This isn’t the place to go if you need a bike immediately, but if you’re patient and watch the listings carefully, you may just find the vintage bike of your dreams. A 1970s Schwinn Grape Krate with mostly original parts in and in good condition sold for almost $3,000 in 2022. One of the best ways identify an old Schwinn bike is to compare the bike you have to advertising images and photographs of other Schwinns. This can give you some clues about the model, the year it was made, and any options it may have.
Schwinn’s Chicago handbuild shop was closed in 1979 and production of the Paramount came to a halt at that time. Paramount production resumed in Waterford, Wisconsin in 1981. Around the 1971 model year, the Super Sport began to look even more like the flash-welded Continental below it in the Schwinn lineup. Its chrome-plated fork was changed to painted, hubs went to the cheaper “Atom” version , and its rear dropouts went from forged Hurét with an integral derailleur hanger to stamped steel without a hanger.
Old Roads specializes in vintage bicycles from several different brands, including Schwinn. You can browse their selection online, and they also offer a great deal of helpful information about assessing a bike’s condition. Before they are sold, all the bikes are tuned up by professional bicycle mechanics. EBay is a great resource for all kinds of antique and vintage items, including Schwinn bikes. You’ll see many of the models Schwinn produced in the last half of the 20th century, along with some older models from the earlier part of the company’s history. If you’re buying a vintage Schwinn on eBay, be sure to ask lots of questions about the bike’s condition.
The Paramount continued as a limited production model, built in small numbers in a small apportioned area of the old Chicago assembly factory. The new frame and component technology incorporated in the Paramount largely failed to reach Schwinn’s mass-market bicycle lines. W. Schwinn, grandson Frank Valentine Schwinn took over management of the company.