Is yours one of the chrome ones ?
Thats a lot of money to put into a Schwinn thats not a Paramount, but those are fine bicycles from what i recall. Ive spent more than that
Ive spent the most on resto costs on my old DeBernardi because it is a sentimental favorite of mine -- i can only do a rough breakdown but it was
PAint/decals - $550
Wheelset $450
HEadset $105
Cassette - $100
Cranks/shifters $225
Bottom bracket $55
Bar Tape $25
Saddle $65
Thats at $1575 and i had some items in inventory already, like the post, Delta brakeset, bars/stem and tires
I also had my local shop do the assembly work so they could face the headset and bottom bracket area, and string the cables and housing etc -- that was probably another $250 in assembly costs and miscellaneous things ---- so thats up to $1825 for a bicycle i couldnt sell for more than $5 or 600
Rides like a dream though
