If you’re buying a vintage Schwinn on eBay, be sure to ask lots of questions about the bike’s condition. Also keep shipping costs in mind, since packaging and transporting a bike can be costly. He opened Waterford Precision Cycles and briefly renewed production of the highly-prized Schwinn Paramount road racing bikes built there. Waterford Precision would continue to hand build a couple of thousand custom, steel frame bikes a year under the Waterford and Gunnar brands, as well as for other small bike companies.
In addition to the fond memories these beautiful bicycles inspire, enthusiasts praise their quality workmanship and enduring value. Whether you’re considering a vintage Schwinn for personal use or want to invest in a piece of American popular history, you’ll have a lot of options. The ownership of Schwinn-branded bikes has changed hands several times. In October 2021, a privately-held Dutch group called Pon Holdings bought Dorel Sports from Dorel Industries, the parent company for Schwinn, Cannondale, GT and Mongoose. The deal included acquisition of Pacific Cycle, which still manages the Schwinn brand and others from its headquarters in Madison. Schwinn authorized dealers flourished in the fifties and around 500,000 bikes were sold almost every year from 1950 to 1959.
W. Schwinn, grandson Frank Valentine Schwinn took over management of the company. By 1950, Schwinn had decided the time was right to grow the brand. schwinn beach cruiser At the time, most bicycle manufacturers in the United States sold in bulk to department stores, which in turn sold them as store brand models.
The Sting-Ray[28] sales boom of the 1960s accelerated in 1970, with United States bicycle sales doubling over a period of two years. Although the selection of merchandise is constantly changing, Craigslist can be a great place to score a deal on a vintage Schwinn. This isn’t the place to go if you need a bike immediately, but if you’re patient and watch the listings carefully, you may just find the vintage bike of your dreams. One of the best ways identify an old Schwinn bike is to compare the bike you have to advertising images and photographs of other Schwinns.
Joe Drennan longtime Earl’s employee and manager, purchased the store in 2015 and is carrying on our tradition of giving you the best bicycle products and customer service at the best price. Few businesses can claim 65+ years of continuously successful operation and fewer still point to an unwavering dedication to the highest levels of customer service over that time but Earl’s is one that can. Earl’s Cyclery was founded in 1953 by Earl Foley in Burlington’s Old North End on Archibald Street. The shop began as a humble bicycle and lawn mower repair shop, but quickly evolved into one of New England’s largest Schwinn dealers.
Chicago became the center of the American bicycle industry, with thirty factories turning out thousands of bikes every day. Bicycle output in the United States grew to over a million units per year by the turn of the 20th century. In the United States, however, bike companies had to find bike buyers outside the mass market dominated by bikes made in Asia. American and European makers geared their bikes for competitive riders, such as triathletes and other road racers. Marc Muller, a young new Schwinn engineer, was given the responsibility to head up the project. The Paramount operations were moved to Waterford, Wisconsin, where the Paramount was reborn with a modern factory and workforce.
However, one member of the Schwinn family remained at the helm of a U.S. bike company. Richard Schwinn ran Waterford Precision Cycles out of the same plant in southeastern Wisconsin previously owned by his family.