I don't usually post, so hopefully this is okay. I've been lurking a number of years though!
I came into possession of a 1973 Schwinn Paramount "Deluxe Touring" absolutely covered in gunk a few years ago. By far the most valuable bike I've overhauled and I'm wondering how I did. The orange bits are a personal preference to make it look like the old gulf racing livery, but are certainly not very vintage, any effect on value? Aside from the orange, I kept it as original as I could.
Images here!
https://imgur.com/a/2e5wgnY
Things that I did:
-Took apart just about every bolt and bearing on the bike and rebuilt. Cleaned parts with ultrasonic bath. Added frame saver. Kept as much of the original bike as possible.
-Rims were goners. Original hubs re-laced to new Sunlite rims by local bike shop. Still 27"
-Waterslide decals were badly damaged and replaced.
-Paint is original and overall good condition. There are some scuffs.
-Replaced chain, brake pads, brake hoods, cables, etc.