I stumbled upon this the other day, and through a series of mindless negotiations, I became the proud owner of a 1961 Schwinn Corvette 5-speed. Super-Duper, you say. Schwinn made the Corvette from 1951~1960 as a single or 3-speed. It was in 1961 that Schwinn thought it would be cool to make a 5-speed version with a
French-made (but "Schwinn Approved") derailleur. Americans couldn't quite get a handle on this new-fangled French technology. Customers stayed away in droves. Leaving poor Ignatz scratching his head and deciding to dump the Corvette line all together. Boo Hoo. Now this thing is super rare! With the exception of the "tear-drop" rear reflector this is 100% complete and original. I have put new brake pads and white wall tires on it. I am considering a full restoration. I will keep you posted. This is the sort of thing that delights me.