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Schwinn Panther Project

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Looks simple enough to remove the old white paint, mask and repaint, and put a new set of decals on. I'm assuming that there are no dents in it.
 
I haven't gone to see the bike, but from looking at the photos I was assuming that (in addition to the paint loss and rust/discoloration) the tank has the common bilateral dents caused by impacts from the front rack.
 
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