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Schwinn Headbadges

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I think it probably was on something like this.
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That bike is at the museum in New Bremen. Here's the badge on that very bike-

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Wow!
I didn't think that World banner badge dated from the 1890s
Very cool !
Super nice collection of Schwinn badges, Scott.
How many house branded badges (Arnold Schwinn &Co.) were there?
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What an impressive collection of badges... from sm2501

It would be great if there was a description for each or some historic information on some of these...and / or a legend that would describe the years that the different shapes were used...
 
This oval World badge has an unusual paint scheme.
I'm not sure if this big E badge classifies as a Schwinn badge.
It says Excelsior Supply Co. Chicago, which is the company that Schwinn bought in 1912 to access the motorcycle market.
I'm just not sure where this badge falls in relationship to that acquisition.
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