Schwinn’s new company coincided with a sudden bicycle craze in America. Chicago became the center of the American bicycle industry, with thirty factories turning out thousands of bikes every day. Bicycle output in the United States grew to over a million units per year by the turn of the 20th century. Most models of Schwinn bikes have years of images and information via old catalogs, advertisements and Schwinn documentation.
The Paramount is a wonderful piece of cycling history which rides like a whirlwind and is good for many Eroica races to come and as many weekend rides as you can fit into your schedule. A place for pictures, articles, and discussion of bikes and parts pre 1990. This bicycle has been refurbished to the Blue Tag standard which includes a 30 day warranty.
During this period, bicycle sales enjoyed relatively slow growth, with the bulk of sales going to youth models. In 1900, during the height of the first bicycle boom, annual United States sales by all bicycle manufacturers had briefly schwinn electric bike topped one million. By 1960, annual sales had reached just 4.4 million.[10] Nevertheless, Schwinn’s share of the market was increasing, and would reach in excess of 1 million bicycles per year by the end of the decade.
To further improve control from this more-erect riding position, the levers used to move the derailleurs (shifting the chain from one sprocket to the next) were moved from the traditional position on the “down tube” to the top of the headset, on a ring which would turn with the handlebar stem. This feature, attractive to older riders, soon found its way to other Schwinn models, especially those intended for senior citizens. He’s riding that old Benotto bike – which weighs 26 #, (so this Schwinn is a bit lighter), and is easily keeping up with the local ‘old guy’ riders on their sub 20#, $ 3000 + Trek, Giant or Specialized carbon fiber ‘wonder bikes’. With the help of the NFT you can verify that the bicycle was purchased from Steel Vintage Bikes as well as the date and the price of your purchase. The Bike NFT isa digital certification that shows the value and authenticity of your bike.
If you decide to sell it one day, then you can pass by the bike NFT to the new owner and preserver the value which will be increasing over the time. Ignaz Schwinn was born in Hardheim, Baden, Germany, in 1860 and worked on two-wheeled ancestors of the modern bicycle that appeared in 19th century Europe. In 1895, with the financial backing of fellow German American Adolph Frederick William Arnold (a meat packer), he founded Arnold, Schwinn & Company.
Unfortunately, the same history and heritage which did so much to propel the brand forward over the years brought it to a sad day in 1993 when Schwinn filed for bankruptcy. In my opinion, it’s crazy to go out & spend $ 1,000 plus when one is not sure how much they’ll enjoy road riding / racing. I trust that in a very short while, we’ll be able to give a more substantive description of how this rides & performs, as my son will pound this Schwinn Varsity CF as has hard as possible – both on our club rides & also as he’s starting to ride Criterium races and some longer road races as well. The Schwinn Varsity Carbon Men’s Road Bike frame is made of an aluminum carbon composite (ACC) construction for superior strength. The bike has been fully serviced in our workshop and is ready to be ridden. When Schwinn introduced the Paramount as their top class racing bike in the 1930s, they started a real success story.
Developed from experiences gained in racing, Schwinn established Paramount as their answer to high-end, professional competition bicycles. The Paramount used high-strength chrome-molybdenum steel alloy tubing and expensive brass lug-brazed construction. During the next twenty years, most of the Paramount bikes would be built in limited numbers at a small frame shop headed by Wastyn, in spite of Schwinn’s continued efforts to bring all frame production into the factory. While every large bicycle manufacturer sponsored or participated in bicycle racing competition of some sort to keep up with the newest trends in technology, Schwinn had restricted its racing activities to events inside the United States, where Schwinn bicycles predominated.