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It was sourced from Steyr-Puch and would date to the late 50's to mid 60's. I think after 1964 they dropped the JC higgins name and they were sold under the Sears Ted Williams and Sears Free Spirit names. The Bottom bracket is swiss thread which is kind of annoying, but overall they're pretty well made bikes.
My buddy across the street got one of those for Christmas 1961. Same markings and all. Seems they made them for a few years from the late 50's to the early 60's with very little change. Check the rear hub for a possible date stamping.
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