Don,
I had the same experience and have been watching this bike on a
version of Explorer that it works on (it doesn't work at all on my usual
Netscape). Anyway I collect track bikes although I would not call
myself an expert. That said, to me it looks very much like a 40's bike.
Bar shape, headset collar, inch pitch chain etc. Somebody wrote early
on that the hubs looked wrong. They certainly are different. Front
looks British (BSA or something) but the rear does look like the Schwinn
hubs that are on my CCM. Those have Schwinn "sunshine"(?) hubs.
Additionally, when I blew up the pics on Adobe Photoshop, you can
clearly see box striping and CHICAGO written on the seat tube. My eye
is not sophisticated enough to know to tell if this IS or is NOT a 40's
Paramount. It is 40's however and with the words Chicago and the
headbadge one would suspect that it is. Whether most of the parts are
OEM....I don't know. Having said all this I am still agonizing over if
to bid or not.
Edward Albert
Chappaqua, NY