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50th Anniv. Schwinn Paramount -- Dilemma(10 posts)

50th Anniv. Schwinn Paramount -- DilemmaElvisMerckx
Oct 11, 2002 6:56 AM
I've got a 1987 50th Anniversary Schwinn Paramount and I need help deciding its fate. It's loaded with C-Record (friction shifters, high-flange hubs), and it's in top condition. Should I keep it as is and sell it in 10 years upon the 75th anniversary? Or should I have the guys at Waterford spread the stays from 126mm to 130mm and upgrade to 9 or 10 speed click shifting? Is it more valuable as a true classic or as a modernized classic?
re: 50th Anniv. Schwinn Paramount -- DilemmaLarry1096
Oct 11, 2002 7:15 AM
I would hesitate to give you advice regarding the financial repercussions-the collector's market is fickle, and changeable.
That said, I can tell you that "I" would be more interested in the bike with the original components, especially since Campy C-Record represents the zenith (to many, at least) of non-indexed gear. It is also very beautiful, not something to be discounted on a classic bike.
Another consideration is that modernization can always be done later-but is more difficult to reverse, should you wish to.
Just my .02, of course.
Ditto what Larry said. Keep it original nmDave Hickey
Oct 11, 2002 7:41 AM
Appreciate it for what it is ...Humma Hah
Oct 11, 2002 2:32 PM
... or sell it to someone who will. There is a fair amount of collector interest in special, top-condition Paramounts. They will want it un-modified. Lurk on e-bay to get the feel for the market.

I would not hesitate to ride the bike with the old hardware. The old friction-shifters work OK, and it has PLENTY of gears (probably about 11 too many, IMHO). Brakes are nothing to rant about but they do eventually stop you.

I'm a bit amused -- the Paramount line started in 1938, so it sounds like they jumped the gun by one year. They probably actually classify it as a 1988 model year bike.
The thing is to ride itWalter
Oct 11, 2002 6:07 PM
Being a retro fan I'd love to own/ride a C Record bike. I do have a S Record bike and enjoy it immensely. My vote would be to ride it as is.

However, if you have a hankering for the new stuff I'd also say go ahead and spread the rear. A bike like that should be ridden and if it'll get more miles with modern components then you've done no wrong, IMO.
Just an old bike, I'll give ya' 75 for it ;)rwbadley
Oct 13, 2002 8:38 PM
It should be an'88. You can tell by the numbers on the bb. Go to the Waterford site and you can find all the info you need.

I have the same bike. Mine is an '88. It has the gold plated fork, which not all of them had. I did pull the fork off for safekeeping about 6 months ago. I put a Carbon fork on, it rides more damped with a little less precision. You have a hard time beating a good steel fork imho.

Mine is a 58cm, so the tubeset is a mix of Columbus sl/sp/and slx fork. If yours is smaller than 58, it will be slx. It rides really nice, comfortable with superb handling and road confidence. It is built up with period components, Suntour Superbe pro group with dura ace/ mavic wheelset.

I have considered switching it to 'new stuff'. But only briefly. I really like the group that is on it, it works very well. The bike is a little heavy, if I wanted to have a new, lighter, up-graded bike I would keep the Paramount as is (or sell it as is) and buy something new.

I would encourage you to keep the bike stock, and enjoy it. It is a great ride and you could certainly do a lot worse. That bike was near state of the art in it's day....

re: 50th Anniv. Schwinn Paramount -- DilemmaElvisMerckx
Oct 15, 2002 11:04 AM
Thanks to everyone for your input (Yes, it is an '87 -- and one of a limited few with a braze-on front derailleur). I probably should have provided some more info on the nature of my dilemma. The problem is that I own too many bikes (including brand new ones with indexed shifting and composite parts), however the guilt-factor for not riding the '87 Paramount is overwhelming. I don't need the cash and I don't need a new bike. I just hate to see this beauty sitting idle in the closet, and, if it's a valuable classic, I'm not sure I want to risk ruining it on club rides. If it's true value is only nostalgia, I wouldn't feel bad modernizing and I'd certainly ride it a lot more. A few other notes: the calipers are DuraAce, and, btw, Schwinn gave me the frame for FREE.
For FREE?? Sounds like a good story. Please tell. (nm)KenS
Oct 16, 2002 8:46 AM
Yes! For FREE.ElvisMerckx
Oct 16, 2002 9:47 AM
I raced a Schwinn Peleton (Columbus SL) in Europe and cracked the frame at the seatlug. When I went to warrantee it, Schwinn Peletons had changed to Aluminum. I was skeptical of aluminum at the time, and I noted my displeasure with the angles or the toptube length to my LBS. My LBS put me on the phone with the folks at Waterford, who were more than happy to comp me a Paramount. They even agreed to braze a derailleur hanger on it for me. I vowed to be a Schwinn-owner for the rest of my life. Unfortunately, Schwinns are now being sold at WalMart. Thank God, Waterford is still around.
I love SchwinnsJaeP
Oct 19, 2002 12:40 PM
I love Schwinns!
I have a '92 (I think) "Pretendamount" (made in Japan). It was white with purple splotches. Three years ago I had it repainted and after two weeks I crashed. The down tube and top tube buckled and the fork bent a little. I had it rebuilt and repainted (again). I still ride that bike and it still has 7speed down tube shifters. I had to finally go clipless on her because I could not find anymore cleats for my Duegi shoes.

I also have a '99 Peloton and a '02 Fastback. Both bikes were bought as a frame, through eBay and the classifieds on this website at dirt cheap prices, and I built them up from parts I've collected from here and there. They're beautiful bikes and they ride so well. It's a shame to see them being sold at Walmart.