I learned the hardway restoring Blue Phantoms the first one was a 'slight' miss, second one a home run. Both were done with all original parts and NOS goodies such as taillights, tires, fenders etc. The very first one I did was a COLOR MATCH from a NOS mid 50s' metallic blue Streamliner/Hornet/wasp front fender. WRONG! Thos painted fender bikes were metallic not "candy" colors.
The one in the pix above was done last year and I ended up with an NOS 6hole rear carrier for one in a buyout. My paint shop NO-Brainered the match and it was a standard HOUSE OF COLOR "candy". House of color provides basically a tint which you add to the 'clear'. Careful how much you add and not to tint to dark or light. You need a silver Base Coat over your initial primer coat. Then the House of Color Tint and Clear mix. It was 'dead on'.
It was the same color Schwinn used for the Jaguars. Basically their chrome fendered bikes, not the painted fendered ones that got the Blue Metallic.
I'll post a pic of the first one out of the gate and the correct Candy color one ....hard to tell in pix, but up close you can really see it.