OK, this one needed some help. Pretty rusty, but a great find from my buddy Larry who found this at His House for $10 about a year ago. This is a c. 1982 Schwinn Women's World Tourist 27" 10-speed that with a little TLC will be road-worthy (assuming the rusty spokes will hold up). Things in question other than the spokes: 25 year old brake pads, a rusty derailler cable that may decide not to change gears all of a sudden. I did install a new rear brake cable, so at least you will have rear brakes. All front brakes is never recommended, as you can find out why in this video: http://www.youtube.com/watch?v=D0W25KVJ7qc
I hope this bike finds many years of enjoyment, as it is quite comfortable (assuming you stay on a smooth road) Riding down my gravel driveway was a different story. The gears shifted fine, the brakes are adequate (needs new pads) and seat is only semi-comfortable.
But for a nice neighborhood ride, this bike will do a fine job.