I bought this schwinn unicycle off of craigslist, the guy wanted $80 but got it down to $50. This is my first unicycle and I’m learning to ride it. I want to know the actual value of this thing, and if I got a good deal. The tire is 24x1.75 and it still has a sticker on it that says Schwinn Chicago.
Your Schwinn is the most advanced one that was made, at least before Unicycle.com took it over. In 1985, Schwinn tried to contact USA Founder Bill Jenack. He had died in 1982, but his house was, at that time, home of the fledgling IUF. So the IUF responded. I wrote up a long description, with pictures, of how they could improve their saddle.
At the same time, Schwinn had contacted Tom Miller (The Unicycle Factory, Kokomo, Indiana). Tom gave them a list of other suggestions, many of which were followed. Schwinn unicycle production had stopped in 1983, during what I think was a Chapter 11 filing by the company. But they sent us (the IUF) a pair of early models of their redesigned unicycles, a little before Unicon II (July 1986). I still have the blue seat from the 24".
Here were the improvements that I remember:
Viscount saddle, with replaceable plastic bumpers! It wasn't perfect, but was a big improvement of the self-destructing seat of the older models. The Viscount is virtually identical to the shape I drew for them in 1985. I take inspirational credit for that, though I was never a fan; the Miyata seats were better, and kept improving.
Color! The 24" came in blue, while the 20" remained black
Real-world rim and tire -- instead of the old 24 x 1 3/4" setup that limited tire choice
Alloy rim (24" only) -- same brand and possibly identical to what came on the Miyatas of that time
Indoor-friendly (also shin-friendly) pedals
The Schwinns were built like that from 1986 to around 1992 or so, when Schwinn was again in deep financial trouble. It was 1995 or 96, I think, when they re-introduced a "retro" version of their unicycles. The color was gone, the bold stickers were gone, the indoor-friendly pedals were gone. There were no Schwinn Giraffes after 1983, possibly due to liability concerns, or maybe just cost vs. quantity of sales concerns.
Up to today, the Schwinn continues to suffer from a major flaw in its design; the limitation of 1" increments in seat height. This was a sensible idea when the unicycles were cheap (it’s part of a beautifully simple design/manufacture), but doesn’t really make any sense for a unicycle that costs more than many others.
The Schwinn was my first “real” unicycle. In the early 1970s I learned to ride on a really cheap unicycle my parents bought me for my 11th birthday, but I still got quite a few good years out of it. When the cheap cranks eventually broke, I bought the Schwinn in the mid-1980s and would ride it with my kids when they were tots because it was easier to keep up with their slow pace.
Brian, I’d say you got a good deal. From your pictures, the unicycle appears in good condition. For $50 you can’t go wrong. It’s sturdy (I’ve seen buskers using the exact same model) and should serve you well as a learner. Mine still works great.