Nashman
Riding a '38 Autocycle Deluxe
Definitely not a panther, not one part is panther! No pre-war panther! One year only badge size, only used on autocycle!
I have more than a few bikes in my collection that are not bone stock original, as in "have some parts that are not what they rolled off the factory floor with". Some have donor parts from the same model to upgrade or replace a damaged or missing part. To look at the bicycle, it is correct in looks and equipment. Sometimes a factory option is added for fun or ease of operation or convenience ( like a drum brake, 2 speed hub etc.) Even things like paperboy ducks, bell or horn on the handlebars.
Then I have a few TRUE "Frankenbikes" ( several manufacturer parts on it) that are rat bikes, creations, or custom. That's half the fun of the hobby to many of us. Not everyone can afford or wants a perfect nut and bolt original. I may have a few now ( unless bought from an honest 1st owner, you never really know), and owned a few.
I could write a book on "WHAT I DON'T KNOW" about bicycles. Especially Schwinns.... Ha!! It's all how the bike ( or anything?) is represented to onlookers or potential buyers. It's up to the observer or buyer to make a decision based on that. As mentioned, great looker. GLWTS.