Hey fellow Elan-ers!
I just gave, as a gift, a matching pair of these bikes to a friend and his wife. They were both excellent rides, and I used the men's as a commuter on a half-dozen occassions.
Couple of things: The male bike has a Sturmey Archer hub, dated 72, while the female's unit is a shimano.
The decals on both bikes are different than the large pictures above: no olive branches around the headstock CCM for one. The downtube decals are the same as the top photo, where the Elan is mixed in with a bunch of bikes.
The men's bike, as well, has a regular rear reflector, with that hockey-puck sized one mounted on the seat tube. It also has a swooping, Nike-symbol like rear rack, that looks original.
Bit of advice for old SA hubs - oil! There's a little cap on the hub - lift it, add a few drops, ride. Repeat often, until it runs smoothly. Shimanos are way easier to adjust, but SAs are not brain surgery either.
mike in calgary