Another current project. Just finished installing the tires and chain. Also installed one pedal. The second crank is so stripped out though that you can just stick the pedal threads in without even turning it. And with about a millimeter of play. So not sure how I'm fixing that one. Thinking of trying some metal glue, as this won't be a daily rider anyway. Also the seat tube is rusted in place, and the previous owner broke off the stem bolt when trying to remove the handlebars. Not sure how I'm gonna solve those issues. At the moment I've wedged wood between the handlebars and stem to hold it in place.

As I said, when completed this won't be a road-worthy bike. Just looking to make it complete. Lots of things will need to be done for it to be road worthy again, even after I've fixed the issues listed above. The rims on the wheels are rusted through in many places, so they would need replacing. The crank needs removal to clean/replace the bearings and other components(turns freely, but you can hear the rust and sediment inside it). The tab on front of the seat where its bolted to the springs is broken. Leather is shot, but that's really not a big deal. Needs reflectors, etc. the patina looks a lot better in person, and I have no plans to repaint it. Might rough it up a bit more and clearcoat it, but I want to keep the old paint job.
You can really tell this bike saw many years of use. Its got at least two coats of paint, and so many dings its impossible to count. Its a solid bike too. They really built these old Schwinns to last. You've got to keep in mind this thing has almost 70 years of wear and weathering. Yet is still serviceable. And will be technically still ride-able when it's completed. Nearly all damage is the result of a previous owner trying to disassemble it, or the result of 70 years of wear. The wheels and crank still turn fine. The coaster brakes still work. There's no cracks or damage to the frame at all