Barn find in Fox Lake WI

[paulgriffin]

I needed help identifying these two bicycles. The red one is a Schwinn, 1950's? I know some parts are not correct (seat, reflectors) and it has been painted over, but it has some good authentic parts (sweetheart chainwheel, chain guard, Schwinn badge, fenders). The blue one is labelled a Liberty from Chicago Cycle Supply Co.. It also has a tag from Westmont Cycle & Hobby Center, Western Ave. in Chicago. Serial number M46511X35257277. Someone told me it might be from Sears or JC Penney (a Murray from Ohio?) but why does it have the Chicago Cycle Supply tag on the front. Any help is appreciated. I wanted to know if these are worth anything, before sending to Goodwill, or something.

Thanks

 

[StoneWoods]

Fox lake isn't far from my grandparents. Nice finds!

 

[gkeep]

The Schwinn has a great headbadge. There could be some really nice original paint under the red spray paint. The spray paint looks like it went on over a real smooth surface making me think the original paint might be intact.

Fund the serial number on the Schwinn to get a production date. If under the bottom bracket it' 1952 or earlier, on left rear dropout after 1952.

Gary

 

[49autocycledeluxe]

donate the blue one.

the red one will have some value to old bike people. post war, 46-47-48 (?) if those are the wheels that came with it.

 

[paulgriffin]

Found the serial number under the crank B87136. Search shows this:
Congrats! Your bike is an original Chicago Schwinn.
Unfortunately the serial number you entered was used twice by Schwinn meaning there are two possible dates for your bike...
Built: 04/04 to 04/30 of 1952 or...
Built: 02/21 to 02/25 of 1957.

 

[juanitasmith13]

It'

Found the serial number under the crank B87136. Search shows this:
Congrats! Your bike is an original Chicago Schwinn.
Unfortunately the serial number you entered was used twice by Schwinn meaning there are two possible dates for your bike...
Built: 04/04 to 04/30 of 1952 or...
Built: 02/21 to 02/25 of 1957.

It's older than the numbers in that data-base... Pre-1950. SEE POST #4 above. @REC or some other may have data on your serial number.

 

[GTs58]

Found the serial number under the crank B87136. Search shows this:
Congrats! Your bike is an original Chicago Schwinn.
Unfortunately the serial number you entered was used twice by Schwinn meaning there are two possible dates for your bike...
Built: 04/04 to 04/30 of 1952 or...
Built: 02/21 to 02/25 of 1957.

1946-47 model.