That is what I am thinking, the guard might not be correct, I have another to try but wont get to it tell next weekend. Thanks for your advice! I love that sprocket design, are the crank legs straight or does one side have a bend in it to help clear the guard?
Great story! When I showed my father my Red Phantom, he said he had a bike like that when he was a kid that he bought with his paper route money. I would have never known that I was a 2nd generation Phantom owner.