Up for auction is a 1989 Schwinn Paramount in amazing original condition. These were the last of the truly great, handmade frames to come out of Waterford, WI bearing the Schwinn name.
The 56cm frame is made of lugged Columbus SLX tubing and still wears its original Royal Blue color. The paint, consisting of two coats of primer, five coats of acrylic urethane and a protective clear coat is deep and rich with a slight metal flake. We are the second owners of this frame having owned it since the early 90's and it has always been pampered and kept inside. There are three nicks on the top tube through the clear coat on the "P" of Paramount and the "O" on the non-drive side but none have gone all the way through to metal(pictured). The only other scratches are slight and found on the center brake cable boss, non-drive side chain stay, drive side seat stay and on the drive side of the inner fork stay. All of these scratches have been treated with clear coat to keep from rusting. This frame has been ridden very little and is still as stiff and responsive as it was new.
The component kit features a period correct, Shimano Dura-Ace 7402 8-speed build short of the headset and bottom bracket which are Shimano Ultegra sealed bearing units. The Dura-Ace downtube SIS shifters show slight wear but still function well. The Dura-Ace 7401 brake levers are near flawless short of slight cracking of the original rubber hoods (pictured). The Dura-Ace hubs, front and rear derailleurs, crankset and brakeset are all in great shape with only slight wear which is to be expected for 25 year old parts.
The wheels feature the above mentioned Dura-Ace 8-speed hubs, 12-25 cassette, DT-Swiss double butted spokes and Mavic Open 4 CD clincher rims. Continental DuraSkin tires still have plenty of life in them.
The rest of the build features a vintage Bernard Hinault Turbo saddle complete with "The Badger" Hinault logos, a Ritchey seatpost, 120mm 3TTT quill stem, and 3TTT Ergo Power Due 42cm handlebars. Cinelli nude Cork-Gel bar tape offsets the Royal Blue frame and brown leather saddle well for that classic look. The pedals are Campagnolo Nuovo Record Clips and Straps to really put you back in the 80's.
This bike will look as good on your wall is it will at the local group ride or sitting at the café while you enjoy a cup of joe. Stand out from the crowd of foreign built carbon and aluminum bikes with this blast from the past for a fraction of the cost of a new, top-of-the-line ride.
The bike is in Athens, GA. Feel free to email with questions, for more pictures or to arrange a time to come and see it.
Frame dimensions:
Seat Tube - 56cm
Top Tube - 55cm
Wheelbase - 97.8cm
Serial Number:
560CLWJ89009
The serial number breaks down as follows:
560 = 56cm Frame
C = Road Frame
L = Waterford Paramount Frame
W = Waterford Factory
J = Manufactured in the 10th month of the year - October
89 = Year of Manufacture - 1989
009 = 9th frame built in October, 1989
Please visit
for more pictures
Thank you for bidding.
The 56cm frame is made of lugged Columbus SLX tubing and still wears its original Royal Blue color. The paint, consisting of two coats of primer, five coats of acrylic urethane and a protective clear coat is deep and rich with a slight metal flake. We are the second owners of this frame having owned it since the early 90's and it has always been pampered and kept inside. There are three nicks on the top tube through the clear coat on the "P" of Paramount and the "O" on the non-drive side but none have gone all the way through to metal(pictured). The only other scratches are slight and found on the center brake cable boss, non-drive side chain stay, drive side seat stay and on the drive side of the inner fork stay. All of these scratches have been treated with clear coat to keep from rusting. This frame has been ridden very little and is still as stiff and responsive as it was new.
The component kit features a period correct, Shimano Dura-Ace 7402 8-speed build short of the headset and bottom bracket which are Shimano Ultegra sealed bearing units. The Dura-Ace downtube SIS shifters show slight wear but still function well. The Dura-Ace 7401 brake levers are near flawless short of slight cracking of the original rubber hoods (pictured). The Dura-Ace hubs, front and rear derailleurs, crankset and brakeset are all in great shape with only slight wear which is to be expected for 25 year old parts.
The wheels feature the above mentioned Dura-Ace 8-speed hubs, 12-25 cassette, DT-Swiss double butted spokes and Mavic Open 4 CD clincher rims. Continental DuraSkin tires still have plenty of life in them.
The rest of the build features a vintage Bernard Hinault Turbo saddle complete with "The Badger" Hinault logos, a Ritchey seatpost, 120mm 3TTT quill stem, and 3TTT Ergo Power Due 42cm handlebars. Cinelli nude Cork-Gel bar tape offsets the Royal Blue frame and brown leather saddle well for that classic look. The pedals are Campagnolo Nuovo Record Clips and Straps to really put you back in the 80's.
This bike will look as good on your wall is it will at the local group ride or sitting at the café while you enjoy a cup of joe. Stand out from the crowd of foreign built carbon and aluminum bikes with this blast from the past for a fraction of the cost of a new, top-of-the-line ride.
The bike is in Athens, GA. Feel free to email with questions, for more pictures or to arrange a time to come and see it.
Frame dimensions:
Seat Tube - 56cm
Top Tube - 55cm
Wheelbase - 97.8cm
Serial Number:
560CLWJ89009
The serial number breaks down as follows:
560 = 56cm Frame
C = Road Frame
L = Waterford Paramount Frame
W = Waterford Factory
J = Manufactured in the 10th month of the year - October
89 = Year of Manufacture - 1989
009 = 9th frame built in October, 1989
Please visit
Thank you for bidding.
International Buyers – Please Note:
Import duties, taxes, and charges are not included in the item price or shipping cost. These charges are the buyer's responsibility.
Please check with your country's customs office to determine what these additional costs will be prior to bidding or buying.