1949? Shelby badged Hiawatha

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I was excited to score this rusty gold. Any idea how to date it for sure?
 

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Nice! Where do you find these all the time?

As for the bike, I don't know. I thought Hiawatha was a badged Shelby or CWC, or other.
 
Oh you know lol!

I might make it a Donald Duck? Am I crazy?
 
nice!!! looks almost ready to ride i say put tires on it lube tit ride it i made a mistake and repainted my huffy and regretted it ever since however, i redeemed myself but not repainting my space liner i did not even put a lot of effort into cleaning it just pretty much lubed it aired up tires and rode it i did swap tires with whitewalls but they came with the bike patina is cool and it shows the bike was loved
 

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