There was an old bike shop in Marshalltown that had high-end Schwinns up along the wall like that. Mostly they were Paramounts, Sting-rays, Krates from what I recall but it's possible the guy certainly had others. That shop changed formats or got bought out maybe 5 years ago and now it has a distinctly different, more modern feel. Still a good shop, though! They dodged an EF-2? tornado last summer that struck downtown Marshalltown...
I digress. Hopefully the bike found a good home. At $8700, if it was legit and complete would that have been a good price?
The seller also has this fine machine if you're so inclined...
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10:20 edit, I messaged the guy to see if he had any other Schwinns and he said no. The autocycle sold yesterday (one night is all it took) and he said it came from Michael Jackson's estate!
Any truth to that you think? Seems wild to me!