Nice Find! I had a 1962 Schwinn Typhoon (straight bar) . It was rideable, but it needed work. The paint was nearly gone, and most of the original Schwinn items were not on it. Fenders were gone and it was missing chain guard. The Pedals, seat, chain, and wheels were all replaced with 1970's era Aftermarket items ( the replaced parts said "Made in Taiwan R.O.C")
Someone offered me $80 for it as it was, so I sold it. I figured I could pick up another one. This was about 2013 or so.