Bought new in early 70's at Shaffer's Bike Shop in Lewes, DE. Still in first owner family. Bike is original except for pedals and tires.
Paint is scratched off on top tube by handlebars. Wheels are all true and rides quite well. Seat in good condition. The Racer model was a single speed coaster where you reverse the pedals to apply the brake in rear wheel. All of chrome on fenders, wheels, and handle bars in good shape, some minor chrome rusting, but no flaking. Nice addition to any collection or for impressing your neighbors when you're out for a jaunt.
Another one just sold on Ebay in 11/11 for $230 and was not in nearly as nice condition, lot of marks, decals, and paint discoloration. See it here on internet at this url; /itm/Schwinn-Racer-Bicycle-Vintage-Classic-26-1971-WOW-NICE-Old-BLACK-cruiser-Bike-/?pt=LH_DefaultDomain_0&hash=item1e6821fc3f.
Contact me should you have any questions or concerns. (A12039)

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