In the late 1980s Schwinn was in trouble. They had moved bicycle production to Mississippi, but it didn't workout so well.
About that time, I purchased my first road bike from a Schwinn Authorized Dealer. It was a 1988 Traveler. The Traveler was priced just under $300 - about the same as the entry level Fuji racing bike next to it in the shop.
Over the years, the Schwinn has been a commuter, a fitness bike, a rehab device and a century machine.
It has had several modifications - the biggest being the wheelset. This time I decided to do a complete tear down, paint and rebuild.
This is what it looked like before work began
The stripped down frameset