I bought this '41 Schwinn for the same price my buddy Dino (pictured) paid for it...$25. I had to throw in a set of Phantom decals though.
I disassembled it and stripped off the nasty black paint...
...and got a surprise when I stripped the front fender. "Just Call Me Squirt".
Here it is in primer and reassembled before I painted it.
I had some leftover paint I wanted to use...Sunset Orange and Plum Safety Purple...both Krylon. Tested each on the frame. The plum purple won.
For the second color it was between black and cherry red so I tested each on the frame. I decided on black with white pinstripes.
I changed the springfork to a locking regular fork but changed back after buying new truss rods from Memory Lane.
This is how it came out...my winter project is nearly complete.
I got this drum brake from the salvage yard for $3. It came off of a moped, I think a Vespa. I had to cut slots in the 11mm axle so my fork would fit. It won't throw you over the handlebars, but almost.
Tires are 1959 originals that I painted white letters and the red lines on. The red lines were a real pain.
The badge is the one I used in the "How To" section sticky under "Paint Your Badge". Speedway was the name used by Louisville Cycle and Supply in Louisville, KY. Owned by a family named Lipski. Note the new stainless rods from Memory Lane. Nice!
I looked in my decal box and had Black Phantom decals and also found a Panther decal. Hmmm?
I hope Stokely Carmichael doesn't get upset. 
I said heck with the one speed hub it came with , I need gears! Decided on a Nexus 7 by Shimano.
The bars are outrageous 30" Torrington's I had rechromed. Grips are jewelled originals.
So that's it. Now I need to bend a seat post for a better fit and get "Speedway" decals made for the tank. Should have those items real soon. My trusty dog "Roxy" the Giant Schnauzer is standing guard. Thanks for looking. B607
The "plum safety purple" Krylon is one of their OSHA colors. It's nice because you can paint when its 50 deg. or above. I'm also shopping for a rack. I found one on the bay that is original prewar with the correct long struts but it's up to $140...gulp! 
