The above badge is from 1894 to 1895. When Hendee manufactured his first safeties after retiring from racing. He badged his bikes Silver Kings, Silver Queens under “Geo.M.Hendee” nameplate. Excellent find, indeed rare.
Respectfully I disagree...the first Indians were low grade export bicycles! Manufactured to appeal to the British market. Apparently the Brits were fascinated with the American Wild West. Hendee & Nelson Mfg. Co., did not wished to cannibalized their top tier bikes, the Silver King and Queen. So they offered a more economical bike and called it the “American Indian.”
The word “American” was later dropped from their roster. The first recorded use of the name Indian was Jan. 1, 1898.
In Jan 21,1898, the Hendee & Nelson Mfg. Co., filed for bankruptcy. Hendee was able to acquired all the inventory at auction and quickly reorganized and renamed his company Hendee Mfg. Co.
April 1, 1898 – Hendee trademarked the word “Silver King.” but never again builds a Silver King or Queen.
The name “Indian” was trademarked July 17, 1902.