The sew up tires hold air but are dry rotted. The bottom bracket has a Texas drivers license number engraved along with the stamped numbers but they are so full of paint I can not make it out.
The closest I can get is??? 8 and honestly, I'm not sure of that. Serial number on the drop out is"J7073".
The Nuovo Record rear derailleur is date stamped "70". The lettering looks good on the frame along with the large seat tube art but the Reynolds 531 sticker is all but gone. Reynolds 531 Nervex Lugged Construction. Flat Crown Steel with chrome ends and Campagnolo Nuovo headset. Campagnolo Record Flat lever quick releases low flange front and rear. Cinelli Giro D Italia alloy. All photos are of actual item offered. I'm on top of it :. The item "VTG 1970 Schwinn Paramount 61cm Nervex Lugged 531 Campagnolo Road Bike Bicycle" is in sale since Monday, October 16, 2017. This item is in the category "Sporting Goods\Cycling\Vintage Cycling\Vintage Bicycles". The seller is "old_old_old" and is located in Dallas, Texas. This item can be shipped to United States.