The Schwinn Orange Krate bicycle was first introduced in 1967 by the Schwinn Bicycle Company of Chicago, It was the bike that every child wanted to have, part of the Sting Ray bike family and it was the bike of the muscle car era. It was painted a bright orange called "kool".
The Schwinn orange krate had a banana seat as well as a five speed stick shift and a front drum brake system as well as a rear caliper brake. This bike was also one of the first to have a rear shock absorber. In the late 1960's and 1970's the Orange Krate was paving the way for the BMX style bicycles that became so popular during the 1980's. The Schwinn Orange Krate originally sold for around 94.00. Today bike collectors can expect to pay upwards of 900.00 for one of these classic bicycles. For those interested in collecting vintage bicycles, the Orange Krate is a great addition for any collection.