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What Model of Schwinn is this bike?
#6
http://www.trfindley.com/flschwinn_1971_1980/1973_15.html

Yes most likely the Varsity, not much difference between the models. You are right about the production date.

Just noticed its the same link KC found. :-)))

Clean it up, service all bearings and have fun. IIRC KC has some experience soaking rusty parts like the crank and derailer..
Never Give Up!!!
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