Received the 50th Anniversary Paramount today. Very nice, I'd give the frame 9 of 10. This is the genuine article. Gold plated fork, gold decals, several decals say ,"FIFTIETH ANNIVERSARY" and the left chainstay decal says, "LIMITED EDITION 50TH ANNIVERSARY".
This frame has about as good a workmanship as any production frame I've ever seen. I don't know who was building these at Waterford in 1988, but they were very good.
I'm a bit surprised I got this bike for $763. With a few changes, I think it could have gone for over $1000. Photos could have shown a bit more detail. Also, the bullhorn bars, albeit Cinelli, didn't help. Finally the C-Record wheels were a bit incongruous with the otherwise SR gruppo. The rear wheel was a 130 mm C-Record wedged into a 126 mm frame, although bidders would not have known this.
The Waterford website suggests that they consider the 50th Anniversay Paramount the best ever built outside Chicago, and in some ways the best Paramount, period. I have to agree.
Regards,
Jerry Moos
Big Spring, TX