VINTAGE 1976 SCHWINN VARSITY 10-Speed Bicycle Green 22\" Frame November LM502122 For Sale

For sale is a classic VINTAGE 1976 Schwinn Varsity 10-speed road bike in original November 1976 production (serial LM502122 stamped on the frame — the \"M\" confirms 1976).
This is the iconic American-made Schwinn Varsity — Schwinn\'s best-selling lightweight 10-speed from the 1970s, built on a strong diamond carbon steel frame with lugged construction. Features include:

• 22-inch frame (measures ~22\" center-to-top; great fit for riders approx. 5\'6\"–5\'10\" depending on proportions — please verify your sizing)
• Original green paint (classic Schwinn green from the era — very good original condition with typical light wear/age patina; no major rust or dents)
• 10-speed drivetrain (Sprint-style rear derailleur — horizontal movement, very distinctive Schwinn design)
• Chrome fenders, caliper brakes, steel rims, and classic mattress-style saddle
• 26\" wheels (standard for this model)

This bike is a true survivor from the golden era of American cycling — perfect for vintage collectors, campus cruisers, light restoration projects, or riding as-is. It shows honest age-appropriate wear but remains solid and rideable with basic tune-up (tires, cables, chain lube recommended).
Condition notes:

• Original everything — no major modern replacements
• Frame straight, no cracks
• Good rolling bearings
• Light surface rust in spots (typical for 1970s steel bikes)
• Ready to clean up beautifully

Local pickup preferred (or buyer-arranged shipping). Please message with any questions — happy to send additional photos of specific areas, serial close-ups, or measurements.
Serious collectors — this is a nicely dated mid-1970s example!