Schwinn Lemon Peeler Sting-Ray Value Guide

Sold at Auction: 1968 Schwinn Sting-Ray Lemon Peeler 5-Speed Bike
Schwinn Lemon Peeler Sting-Ray
Estimated Value
$300 – $600
Period
1968-1972
Origin
United States
Materials
steel, chrome, vinyl, rubber, aluminum

The Schwinn Lemon Peeler is a standout member of the iconic Sting-Ray series, celebrated for its bold chopper-inspired styling and vibrant yellow aesthetic. Produced between 1968 and 1972, it remains a highly sought-after piece of Americana that captures the playful spirit of the 1970s youth bike culture.

What Is Schwinn Lemon Peeler Sting-Ray Worth?

The typical price range for Schwinn Lemon Peeler Sting-Ray is $300 - $600 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Originality of components, specifically the chrome fenders, Stik-Shift lever, and spring-suspension fork.
  • Condition of the vinyl banana seat, as original upholstery in good condition significantly boosts market price.
  • Presence of original paint and decals versus a modern restoration or powder-coated finish.
  • Overall mechanical functionality and the absence of heavy rust on the steel frame and chrome brightwork.

How to Identify Schwinn Lemon Peeler Sting-Ray?

  • Look for the signature bright yellow paint scheme and period-correct 'Lemon Peeler' decals on the frame.
  • Verify the presence of the original banana seat paired with the characteristic tall chrome sissy bar.
  • Check for the authentic 5-speed Stik-Shift mounted on the top tube, a hallmark of the Krate series.
  • Inspect the front tire for the smaller 16-inch wheel size compared to the 20-inch rear wheel.

History of Schwinn Lemon Peeler Sting-Ray

The Schwinn Sting-Ray series launched in the 1960s and quickly became an iconic American youth bicycle. Schwinn introduced novelty models like the Lemon Peeler in late 1960s and early 1970s that featured chopper-inspired styling, banana seats, high sissy bars, and distinctive paint and graphics to appeal to the teen market. These bikes combined playful design with durable Schwinn engineering and remain collectible today among classic bicycle enthusiasts.

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