This is an all-original 1950 Schwinn Black Phantom bike as far as I can say. The color is quite faded, but looks like it's real. All I've done is clean it up a little and grease the bearings to make it rideable. Serial #is z324748, which is dated to 9/19/1950. The tires are in perfect condition and the front fork lock is working. The headlight does not operate, the horn is missing, there is no rear reflector or taillight. The fenders are rusty and black, and the seat tends to have the original leather on it. I'm asking $600.00 for a bike, cash only.