I have the 1950 Schwinn Black Phantom bicycle that my mother won at a Sports Show in Peoria, IL back in 1950 or 1951. She had the closest guess at the serial number to win. The bike was a custom modified by the Schwinn dealer in Peoria, Illinois Cycle, and this company is still in business in Peoria. Modifications include a reinforced front handle bar that I think came from the 1940's Auto Cycle Deluxe bikes, and instead of painted fenders and passenger seat like other Black Phantoms this one had all chrome funders and passenger seat. It also has the Peoria King badge on it rather than the standard Schwinn badge. The spring fork, locking fork, and handbrake were also on this bike. Due to these features I suspect it is truly a one of a kind bicycle. Other than the tires, the key, and the rear reflector which was torn off, this bike is all original and in unrestored condition. It has always been stored inside but in an unheated garage so there is rust damage on it. I will try and include a couple of photos to show condition. I would appreciate any estimates of what this would be worth in this original unrestored condition. Thank you.
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