What is this?

[jtdaddy]

http://dallas.craigslist.org/bik/480066879.html

The red and white one...65 dollars 10am tommorow... Is it worth that or more?
JT

 

[Rat Rod]

I think it may be an old Sears model....the ones made in Austria.

If it is Austrian made then it's pretty decent quality.

I believe they were made by Puch.

Looks like it would clean up well and be a fun bike to own.