Guess the vintage bike
 

Just picked this up with a box of it’s parts and one of the two wheels. I will add pictures as hints if nobody guesses, and then give some background to the bike at the end.
Most of us have heard of something close to this, but not exactly like this.
Have fun!

Something '50s and British?

Like a path racer.?
Good giess but nope.

Paramount?

Bingo! Too easy for some, apparently.
Now which model and approx year?

Raleigh--early '60s?

Not really my wheelhouse, but I'd guess whatever they called the tourist/sport touring model at the time. '40s. Or pre-war maybe?

ColonelJLloyd: well done, Sir! (I was only a major). You got this exactly. If this isn’t in your wheelhouse, I must have quite a depth of knowledge.
Serial number is A23X (can’t read last numeral under gloppy paint). This makes it a 1938, which is the first year this model, the Paramount Sports Tourist, was produced. What you probably noticed were the fender tabs on the seat stays, which the track model did not have.
Here are some pictures of other parts in barn-fresh condition. The crankset and hubs are especially nice.
Last photo is a restored example.

Could be anywhere between a 1940 and 1947, 48's didn't have the mounting tabs on the rear drop outs.

https://bikehistory.org/catalogs/ima...ount_racer.jpg

Wow! That's cool. The Wastyn dropouts are definitely a give-away. It looks like a fun project. I picked up a 1960 Paramount pista about this time last year. It has the same Wastyn dropouts and the Chater Lea Paramount-branded crankset. It was about the end of the road for those as the Paramounts were moving to Campy ends and components around the same time period.

Good luck and have fun with it!

Texbike

Marc, it’s a 1938, not 1948.
Texbike, the roundhead seatstays are another giveaway to the Wastyn-era.

So whaddaya gonna do with it?

There is a guy on BF C&V with the handle Scooper. He's very knowledgeable about Schwinns and this era Paramounts. His father was a high level Schwinn employee. Sales, I think. He has a restored late 30s Paramount track in the classic white paint scheme. I'm sure he'd dig seeing this if you haven't shared it there.

Very neat bike. Enjoy!

I haven’t quite made up my mind yet. The romantic in me wants to resurrect it, but the rational side of me knows that it will be a huge time suck and I am short enough on that already. I may find somebody with more passion for the project than me. To top it off, it is way too small for me to ever ride.
I have not posted it there, although I have read a number of scoopers posts, and he sounds very knowledgeable. If I get time I will post it there or CR, and thanks!

As promised, here is a nice page describing the restored bike as well as an original article and press material for the bike:

https://thecabe.com/forum/threads/19...ourist.125134/