Private Party Value is based on the aggregate of used bicycle sales data. For example, this bike privately sold in the last 12 month for a low of $850 and a high of $1,250. Thomas Page, a consultant for national law huffy mountain bike enforcement and longtime customer of Detroit Bikes, has purchased 15 models from the company. Page also worked with Pashak to design bikes for the University of Detroit Mercy campus for students and faculty to use.
In 1946, imports of foreign-made bicycles had increased tenfold over the previous year, to 46,840 bicycles; of that total, 95 per cent were from Great Britain. The postwar appearance of imported “English racers” (actually three-speed “sport” roadsters from Great Britain and West Germany) found a ready market among United States buyers seeking bicycles for exercise and recreation in the suburbs. Though substantially heavier than later European-style “racer” or sport/touring bikes, Americans found them a revelation, as they were still much lighter than existing models produced by Schwinn and other American bicycle manufacturers.
When they failed to find what they wanted at Schwinn, they went elsewhere. While the Paramount still sold in limited numbers to this market, the model’s customer base began to age, changing from primarily bike racers to older, wealthier riders looking for the ultimate bicycle. Schwinn sold an impressive 1.5 million bicycles in 1974, but would pay the price for failing to keep up with new developments in bicycle technology and buying trends.
By 1957, the Paramount series, once a premier racing bicycle, had atrophied from a lack of attention and modernization. Aside from some new frame lug designs, the designs, methods and tooling were the same as had been used in the 1930s. After a crash-course in new frame-building techniques and derailleur technology, Schwinn introduced an updated Paramount with Reynolds 531 double-butted schwinn bicycles tubing, Nervex lugsets and bottom bracket shells, as well as Campagnolo derailleur dropouts. 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.
They feature contoured joints, thin seatstays with bullet-point tips, and those slightly oversize seat- and downtubes. Their frame geometry includes long chainstays and fork rake, a low bottom bracket shell, a 73 degree seat-tube angle, and a 72 degree head-tube angle, all of which provide a smooth and stable, “sweet handling” ride. With these models Schwinn achieved a nice balance of frame rigidity and smooth handling. Arnold, Schwinn & Company was incorporated in Chicago in 1895, during the boom in bicycle sales of the 1890’s. At that time bicycles were a fashionable but expensive mode of transportation for adults.
Even the paint colors were the same (remember that the fillet-brazed frames were hung on the general Schwinn painting line). Only the round Schwinn badge, downtube diameter and pointed seatstay tops are visibly different. During the bicycle boom of the 1970’s customers learned to equate lugged frame construction with higher quality. Richard’s Bicycle Book of 1972, a popular title of the day, states emphatically that, “In better bikes the frame is lugged and brazed…” and does not mention any other quality framebuilding method. Customers preferred lugged construction and equated lugless frames with Varsitys and Continentals or, worse, low-quality department-store bicycles. Until the recent rise of quality TIG-welded and composite bicycle frames, most high quality lightweight bicycles used lugs to join their frame tubing.