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Need some help with this 1950s Schwinn

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McGovDawg

On Training Wheels
Ive had this for a little while just napping in my garage. I got it from a lady who used it as a lawn ornament for the past 30yrs.
I’m just curious to year and model. I can make out a few letters which makes me think its a jaguar. I was told its a 56 but i think its a 54. Then again I’m almost always an inch away from being wrong. Thanks so much for any input

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54 ballooner Jaguar. 2 years model pretty. Not a big money model,but a great bike.after 55,they went to a middleweight.
 
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