My new old bike

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Purchased a bike today from a gentleman named Vince (714-612-9081), and picked up the thing from a place in Costa Mesa (519 Bernard Street, Costa Mesa, CA 92627). Here is a copy of the posting:

Vintage Schwinn 3 speed - $100

Date: 2010-10-18, 3:26PM PDTReply to: sFont sizeale-fjdsm-2012325672@craigslist.org [Errors when replying to ads?]


Original Chicago USA built Schwinn with bike rack. First $100. takes it!
  • it's NOT ok to contact this poster with services or other commercial interests


Check Spelling
PostingID: 2012325672
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This is the third Schwinn Collegiate I have owned. By far the most beat-up and highest paid to date. Now fanatical about this model, I lacked patience in finding another gem at the swap-meet, buckled and bought it when Vince called me today. Well sale is definitely impacted by the Great Recession: more people riding bicycles, the popularity of "vintage" bikes is high, and sellers are raising the price. Therefore this time around, instead of having the local bike shop repairs, I am going to do my best to clean-up, preserve, and possibly repair the bike myself. I will be tracking progress here from time to time.


1st Collegiate:
Schwinn Girls' Collegiate Tourist Model 22" 5-speed caliper
Birth Date: Circa late 1970's
Color: Sky Blue
Re-purchased Price: $25 (orig. $50 at Salvation Army LB)
Re-purchased Date: 2005
Cost invested: $150 (new cables, pedals, locks, lights, major tune-up)
Death: In 2007 the seat and handle bars being stolen at LB City Hall, owner gave up and left the bike on sidewalk.


2nd Collegiate:
Schwinn Girls' Collegiate Tourist Model 20" 3-speed coaster
Birth Date: Circa mid-1980's
Color: Sky Blue
Re-purchased Price: $35 (LB Vets Stadium Swap-meet)
Re-purchased Date: 2007
Amount invested: $80 (new rear wheel spokes, pedals, locks, lights)
Death: On October 12, 2010 at 00:45 the bike was stolen from the back-yard. Lesson learned, go back to storing bike inside the home, when living in Downtown Long Beach.
Police Report: DR 10-69455

3rd Collegiate:
Schwinn Girls' Collegiate Tourist Model 20" 3-speed caliper
Serial Number: FQ592353 (How to decipher Schwinn serial numbers?)
Birth Date: June 1979
Color: Emerald Green
Original Price: $114.95
Re-purchased Price: $100





__________________________________________

Condition on 10/30/2010:
Handle Bars: Original, excellent
Handle Grips: Original, rusted chrome - fair
Break Levers: Original, rusted chrome - minor
Gear Shifter: Original, rusted flat-head screw - major
Handle Light Reflector: Missing reflector, mount attached
Stem: Original, rusted chrome - minor
Headset: Original, excellent
Break cables: Left cable original, right cable replaced
Shift cable: Original
Front Rim: Original, rusted chrome - fair
Front Fender: Original, rusted chrome - minor
Front Hub: idk
Front Drop-out: idk
Front Break: Original, rusted metal - minor
Front Spokes: Original, dull / dirty metal
Frame: Emerald color is very vibrant, paint is chipped less t
han 1" diameter all over frame, decals are faded, "Collegiate" is barely visible on top down-tube, "SCHWINN" is clearly visible but edges of text are worn on bottom down-tube, and silver bands on seat tube are faded.
Stickers on fFrame:
- Bottom down-tube: CAUTION WEARED RIMS REQUIRE INCREASED STOPPING DISTANCE SCHWINN BICYCLE CO.
- Bottom down-tube: FAMILY CYCLERY 260 E. 1st ST. CHICO, CA 893.8362
- Seat tube: CALIFORNIA BICYCLE LICENSE 1307132
- Seat tube: CALIFORNIA BICYCLE LICENSE RENEWAL 043304 EXPIRES DEC 31 1981
- Seat tube: VILLAGE CYCLE Sale . Service 1311 Mangrove, Chico CA
Saddle: Original, Mesinger, Blback quilted racing saddle, vinyl , fair condition
Seat Post: Original, dull metal
Seat Clamp: Original, dull metal
Chain Guard: Original, metal rusted, faded silver and green paint
Chain Set: Original, rusted chrome - fair

Rear Rim: Original, rusted chrome - fair
Rear Fender: Original, rusted chrome - minor
Rear Hub: idk
Rear Drop-out: idk
Rear Break: Original, rusted metal - minor
Rear Spokes: Original, dull / dirty metal
Rear Reflector:
Pannier Rack: Added, aluminum planet bike eco rack

Here are diagrams I referenced to make this list:











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