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FRESH FIND 1957 black and white schwinn hornet

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Anyone have any idea how the paint got damaged around the horn ? , i was thinking maybe someone lubed the horn button & the chemical ruined the paint ???????
Picked this up from a local picker , he is amazing finding bikes nearly everyday all over Indiana , he loves bicycles but does not own ONE his self , he loves buying & selling them but never keeps anything at all , one of his friends purchased this bike from the original owner in northern Ohio , its a 1957 hornet i love the black and white paint job , thanks for looking !!!!!!!!

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Really nice! I am going to use your pictures to get all the fender braces back in order on the Deluxe Hornet I took to pieces for cleaning and fixing up.
 
Nice! My tank looked exactly like that too. I figured it was from years of grimy fingers searching for the button while riding. I am curious what a bike like that goes for in your part of the country?
 
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