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Gramp’s 1941 New World - Trying to get it running as a rat rod bike
The bottom pic model W1M from this 1941 catalog is really close. Same chain ring gear style with the small holes between the bigger holes. Says "with coaster brake...and with one-piece hanger set."
Check out the rear mud guard. It has separate "wire" stays that meet at the axle. There are two sets of "eyes" that need to be attached to the axle. Post war this changed to a one eye scheme. Also when you look at the way the upper stay angles back from the axle it is almost straight up and down on the post war bikes. The stays on the "two eye" prewar bikes angle toward the back of the bike, not straight up and down.
By 1948 you can see how the rear stay points straight up and is integrated with the bottom stay when it joints the frame at the axle. Chain guard attaches to the frame differently as well. Chain ring gear (front sprocket) no longer has the little circles between the bigger circles.
Here's a pic of the exact chain ring gear in the 1940 catalog #229 "Sprocket Dished 52 tooth 1/2" x 1/8" - New World and B Models".
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