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1968 Schwinn 5 spd Fenderless?

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Callahooney1

Wore out three sets of tires already!
Picked this up a while back but before listing it I'm wondering if this was originally a fenderless model? And if not how to tell? Serial # is AD05427.

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Killer bike, are there any wear marks where the fenders would have been mounted? Any markings from mounting screws on rear brackets? It looks like it never had fenders from what I can see.
 
Yes, fenderless model for sure. Sometimes they are found with dealer installed fenders, but it is correct without the fenders. January of 1968, a one year color for that model.
 
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