Unusual Western flyer frame

[Cosmicflyer]

I saw this on Craigslist... Anybody know what it is...

said it was possibly English made

 

[Falstaff]

The three piece crank and frame style make me think European, but I've never seen one like it.

 

[Oilit]

I believe this was made by Hercules (under the British Cycle Corporation) before they were taken over by Raleigh (1960). They also made bikes for AMF and Montgomery Wards (Hawthorne), among others.

 

[Adamtinkerer]

These were the Euro answer to America's middleweights.