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1951 Schwinn World?

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The chain guard showed up in the 1947 Movie Star Catalog but not the 1946, 1947, or 1948 Schwinn Dealer Catalogs. I'll cast a vote for 1947.
 
Pictures of the inner bead area of the rim?
Err, sorry, I misread that. Disregard if you aren't taking the tires off.
 
Pictures of the inner bead area of the rim?
Err, sorry, I misread that. Disregard if you aren't taking the tires off.
The tire's holding air now, but it looks like it's barely holding on (cracked from dry rot). If I take it off that may be the end. I'll have to get a replacement just in case, then I'll pull it.
 
Some more pictures. There's an interesting hole in the chainguard that looks like it could be factory but serves no obvious purpose. No date on the crank or marks on the hardware but the bearing cups look like black-outs. I'm stumped when it comes to the weld on the down tube, it looks very neat, almost like it was done with an ox-acetylene torch, but I thought they were arc welding by this point, not gas welding. There's no bump or protrusion on the inside of the bottom bracket, but there is a hole, while there are no holes where the chain stays are welded. The chain stay welds aren't as neat, either. The mark on the back side of the crank looks like some kind of symbol followed by "9620-A", whatever that means.

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Looks like similar construction to my 50 year model New World, EF drop outs to stays. Is the seat tube EFed to the BB like this? I think everything else was brazed, but not everything was smoothed out...but mine has the 4mm thick drop outs.

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Oilit's decals are wrong for 1950.
I'm just saying that the construction looks the same except for the drop outs, not implying that it is a 1950.

Edited to add: I still agree with 46-47 estimation with those unstamped rims. I believe the Continental I had with rims like that was a K serial with a non-stamped Sturmey hub.

Here's a kicker though, I was comparing frames/kickstands and the Red DX here with thin drop outs does appear to have a serial number that was recorded in 48....this one sticks out as odd to me. I'll have to start another thread for drop out thickness and kickstand angles on early postwar bikes.

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