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Red bands and yellow bands both have a 1:1 high gear and an underdrive low gear; the difference is that the earlier red band used disc-style coaster brakes, whereas the later yellowband used drum-style coaster brakes. A third variant, the blue band, used the drum-style coaster brake, but it had a 1:1 low gear plus an overdrive high gear. The red bands have the strongest braking action; the 1:1/overdrive set-up in the blue bands was imho the best option for gearing, as your low-gear for climbing was the more durable 1:1.

hth
 
the blue band was usually on stingrays and was a took 28 spokes vs 36 spokes fo the red and yellow band :)
 
5speed said:
the blue band was usually on stingrays and was a took 28 spokes vs 36 spokes fo the red and yellow band :)

While it is true that it's easier to find 36h with the red and yellow band hubs, you can find 28h red/yellows, plus there were 36h blue bands! Just very hard to find. Here's a schwinn catalog, with a number:
Bendix2-Speeds.jpg


In essence, the red band was made in the early 60s; when the cheaper-to-make yellow bands replaced it in '65 or so, they also introduced the blue band, with the 1:1 low gear. This was popular with 20"-wheel bikes, but it also just plain makes more sense in almost every application. (and, fwiw, this is how the Sachs, SRAM, and Sturmey-Archer kickbacks did it, too, with the 1:1 low gear.)
But, b/c of the popularity of the blue band on musclebikes and such, most of them are 28h.
 
Don't too much for it. My rule of thumb pricing for those is:

Rebuilt, good chrome: $100
Not rebuilt, but will shift from low to high and back: $50
Rusty, crusty, won't shift: $25 Gary
 

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