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Looks like the coveted B6 in Admiral trim. I roll a '48 D97X with the same head badge. I too, would like to know more about this generation of Admiral - the one which says Arnold Schwinn & Co. right on the badge. In all honesty, I don't really understand all of the different badges, which still say Schwinn. I get it, when a manufacturer supplies bikes for a private label brand.
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