1954-1964 Schwinn Corvette

The Schwinn Corvette was one of the most popular bicycles that Schwinn sold from 1954 through 1964. It wasn’t the most expensive bike in their line-up, but a was a nicely equipped model that was very appealing to most kids back in those days.

It featured polished stainless-steel fenders, chrome rims with whitewall tires,”Radiant” candy colored paint, chrome headlight, and a spring loaded carrier-rack over the front fender. They were available with a single or two speed coaster brake, or a Sturmey-Archer 3 speed freewheel hub with front and rear caliper brakes. In 1962 for one year only, the Corvette was available with a 5 speed derailleur hub. This model had special decals that included  crossed racing-style flags on the chain guard. The 5-speed model is the rarest of all Corvettes. All were equipped with a ridged front fork. A spring fork was not available on this model.

Between the 1954 and 1958 model year, the bicycle changed very little. Updates in 1959 were carried out through the rest of the production run until 1964.

Do you have a Corvette that you are proud of? Perhaps you had one as a kid. Tell us about your bike in the comment section below!

1954-1958 Schwinn Corvette


1959-1964 Schwinn Corvette

 1959 -1964

1962 Corvette 5-speed

1962 Corvette 5-speed

Vintage bicycles and parts for sale on eBay!

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1954-1964 Schwinn Corvette — 13 Comments

  1. Hello! Looking info on a serial number for a Schwinn Corvette. My serial number is L PDM2597. It is located on the bottom of the crank housing. Can you help me figure out what year this bike is? Also it’s the 5 speed. 1961-1962?

    Thanks…………Patrick in MI.

  2. I have a 1954 Schwinn Corvette with (2) speed Bendix that I may want to sell.
    serial #MO6432
    If interested, please let me know and I will email you some pictures


  3. I have a 1956 american 3 speed corvette im missing the rack and headlight any one having these email me anyone intrested let me know

  4. I have a mid fifties red Corvette that is a duplicate of my first new bicycle. The seat is autographed by the following people who were my heros back in the fifties.
    Roy Rogers
    Dale Evans
    Soupy Sales
    Fess Parker (Daniel Boone, Davy Crockett)
    Frankie Laine
    Patti Page
    Clayton Moore (Lone Ranger)

    Long live Schwinn Corvettes!!

  5. I have a red 1956 Schwinn Corvette that I got as a Christmas present when I was 6 years old. I rode that bike all over and never got a different bike until I was much older in life. I still have to Corvette, and it is in fairly good condition, missing only the original seat, tires, cables and brake pads, all of which have been replaced over the years. Still love that bike, and take it out once ln a while. Glad to see there is such an interest in these bikes.

  6. I have a schwinn corvette bike that was my dads.Its a three speed with all the original parts,tires and all.I want to sell it.Any one know the original value?

  7. I’m restoring a 1955 Schwinn Corvette, looking for correct front carrier and headlight, any help will be greatly appreciated.

  8. Dad bought my brother and me two new Schwinn Corvette’s for Christmas in 1958. My brother turned 16 not long after and he rode his very little (the red one) in fact it’s in original condition with nothing missing and is in very good shape to be 55 years old. Mine was (the green one) and through the years I converted from a 3 speed with hand brakes to coaster brakes. I just recently had new tires put on it and just finished riding it about three miles. Runs just as good as it did back in the late 50′s and early 60′s. The only problem is I am now 68 and can’t endure as I once did, however, I am planning on riding daily or every other day God willing. Besides I need the exercise.

  9. I have a Corvette with a 1954 model year stamped on the rear drop out. It is all original and only missing the headlight, but is in very bad shape. The whole bike is covered in rust but you can make out hte red paint and pinstrips. I saw it leaning against a garage across the street from a bike shop of all places. It took me weeks to catch up with the owner and make a deal. My problam is trying to decide if I should clean and repair the bike as much as needed to make it a rider, or to restore. I like the looks of the black Corvettes but wonder if it would be some sort of sin to paint it it none original color. If it were not the first year of the bike I would just restore it, but I can’t make up my mind on this one. Any thoughts…?

    • Hi Doc, The primary value in the Schwinn middleweights is with bikes in good original condition. Those in poor shape are often parted out, or restored, or even customized. If your bike is as bad as you say, I think you can safely restore it any paint it in any color you like without hurting it’s value.

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