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1961 Paramount
As it arrived, complete with virtually unsalvagable steel, cottered Stronglight Competition crankset and bottom bracket.
Crankset closeup, with Campagnolo Gran Sport front derailer
Original Titan handlebar, stem, and brake levers. Looking a bit worse for wear, but salvagable.
Gran Sport rear derailer, in need of TLC.
Already partially through the buildup process. During build-up, it was found that the front fork was a replacement from a later P12 or P13, without fender eyelets, and made for 700C wheels. A correct, replacement Paramount fork was located shortly after.

Note the period-correct Hunt-Wilde vinyl bar tape (though we personally prefer white cotton for riding). Wrapping method is typical of Schwinns of the era - on other bikes with non-aero brake levers, I generally tape the brake lever clamp in place, then mount the lever for a seamless fit.

Original paint carefully polished to bring out as much original luster while polishing off a minimal amount of the remaining pinstriping and silkscreened decals. NOS Weinmann rear cable hanger is fitted to the seatlug, and replacement Campagnolo Record shifters adorn the downtube. The original Weinmann 999 brake caliper at the back has been polished to a high shine.
Finished '61 Paramount P12 is outfitted with a Campagnolo Record crankset and Bluemels fenders - both optional on the Paramounts in '61. As you see, the original paint is untouched except for the polishing, which removed the dull oxidation that had formed on it.
Compare this with the original photograph of the handlebars. New-old-stock Weinmann brake lever hoods (which would have been original to the bike in 1961) smooth out the transition between brake lever and handlebar tape.
The Titan stem and bars following rust removal (stem only) and polishing.
Brooks B.17 saddle and Nuovo Record two-bolt micro-adjust seatpost.