40's Schwinn?

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The Girlfriend and I were heading out to grab dinner and she saw my old Hiawatha cruiser and said "I love it, I have always wanted an old girls bike like that with a basket, etc..."
So, I waited a couple days and found this on Craigslist. Guy said he got it from his Grandmas barn and that she thought it was purchased in the 40's. I gave him $40 for it. It appears to be all there.
She was beyond stoked and loved that it had patina.

Basket is a wald
front badge is oval metal, red with Schwinn running down vertically
Coaster brake is a Bendix
Serial # is H242517

Any ideas guys?

376446_601523856063_369070265_n.jpg
 
Very similar to the 1947 I rebuilt for my wife. Same chainguard, frame and fork. Great riding, solid bikes. Can easily put on a modern wheelset if there are issues with those.

I did ours as a drum-brake equipped 5-speed but that's kind of overkill. This was generally sold at the time as simply the "Schwinn for ladies". Probably officially a model DX- unequipped model (meaning no headlight).

Best of luck with it.

--Rob
 
Thanks for the replies everyone, much appreciated.
She likes the worn/patina look. I told her if she wanted it cleaned up and painted, we could do that.
I'll leave it up to her.
 

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