Schwinn 'Banana Seat' Retro Bike For Sale This Fall
September 26, 2011, 8:45 am / Categories: Biking
With “ape-hanger” handlebars and banana seats, Schwinn first launched its Sting-Ray line of bikes in 1963 after a designer at the company took note of a trend where youngsters in California were retrofitting bicycles with accoutrements made for motorcycles. The result was a “wheelie bike” with a small frame, a long banana-shape saddle, and mismatched wheels (small in front, large in rear). By the end of 1964, Schwinn cites its Sting-Ray line accounted for 70 percent of bike sales in the U.S.A.
Banana-seat bikes like the Sting-Ray remain close in memory for many riders today who scooted around suburban neighborhoods and city sidewalks on the easy-to-ride bikes. This fall, Schwinn brings back the line for anyone who wants to relive those carefree moments. The company built 900 Sting-Ray bikes and started shipping them to independent bike shops late last month.
The new model Sting-Ray bikes cost $399 and come in four retro color schemes — Apple Krate, Orange Krate, Lemon Peeler, and Grey Ghost. Schwinn has individually numbered each of the 900 bikes in case the 2011 banana riders one day become a collector’s item just like the ones rusting now in your grandparents’ garage.
—Stephen Regenold
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I bought one maybe three years ago. A grey ghost for my son. It was made by Schwinn so they are out there. It is a five speed but the gear shifter is on the handlebar. I guess for safety reasons they moved it. I bought it because I had wanted one so bad when I was a kid but we couldn’t afford it. It’s cool! Still wish I had won the apple crate though.
In the 1960’s Schwinn was 3rd in bicycle market share, and only about 10% of the high-rise bikes (or ‘wheelie bikes’ as you call them) were made by Schwinn – not 70%.
The Schwinn “Sting-Ray” introduced nothing new to the American bicycle market (stylistically or design wise). The first banana seat bike sold commercially in the U.S. was a 20 inch model called the Huffy “Penguin” – which was sold in California stores when the Schwinn StingRay was still in its prototype stage.
I have an orange Krate Bike seat with mounting bracket still attached it is in great condition. Does anyone know how to tell what year it is? I thin it is a 1968. It still has round tag stickers underneath that say 43. Does that mean it was 43rd one made? It has the white triple stripe with the S and the stripe is off center down the right side of seat. I saw one going for $800. what would one in good to excellent condition go for on the market. Want to sell it cause need to buy XMAS gifts. any one interested email me an offer. Thanks
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umm didn’t they already start doing this a few years ago? The reproductions are everywhere.