This is a 1958 Schwinn racer girls 26" lightweight in Florida green. This was a $30 swap meet find. Disassembled and complete except for the bars and grips. This came with Sachs made "Schwinn approved" coaster brake hub.
Previous owner tried to fit EA-3 (Iso 590 mm) tires on Schwinn 26 x 1 3/8 S-6 (Iso 597 mm) wheels. They got one mounted, no tube inside though, and second one they started to mount it and gave up. Fenders are pretty decent pins and all and it has a "shark fin" on the front fender.
Stripped her down to the frame and gave it a good cleaning.
Also blew apart a 73 Breeze with a 3 speed Stermy hub. I plan to upgrade this bike to a 3 speed.
After greasing and adjusting the headstock and crank, I was surprised that Schwinn used a 21mm quill on the later model Breeze so it fit too sloppy in the Racer. I kept the 1973 bars but tried 3 different stems to see what they would look like at maximum extension.
Also changed the original seat with wider more comfortable one.