Saint Paul, MN
1968 Schwinn Lemon Peeler Krate – Full Restoration
Serial # FD87620 – June 1968 Production
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HIGH RESOLUTION IMAGE GALLERY
https://tinyurl.com/schwinn-auction
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Here is a top-level, no-expense-spared dealer restoration of one of the most iconic muscle bikes ever built: a genuine first-year 1968 Schwinn Lemon Peeler Krate. Serial number FD87620 confirms June 1968 manufacture, placing it squarely in the original launch run of the legendary five-speed Krate series that changed bicycle history forever.
Finished in factory-perfect Kool Lemon, every painted surface was stripped and refinished. All decals are area sealed under clear for a lifetime of protection. Chrome is bright, every piece is either triple-show plated or pristine correctly dated NOS parts. The seat was restored at Hyper-formance Rays in Arizona. This Lemon Peeler has not turned a wheel since the restoration was completed over 20 years ago for display in a seller's bicycle shop.
First-year Lemon Peeler Krates are exponentially rarer than later disc-brake models, and a June ’68 example with its original pogo seat post restored to this level is virtually impossible to duplicate.
Due to the timing around the holidays, the limited number of lots and the potential for bidders from far distances, we are offering extended amount of time to pickup of the bicycles. Please contact us to schedule a time for pickup. Please inquire with any questions pertaining to item pickup or options for shipping / courier delivery. INVOICES MUST BE PAID 72 HOURS AFTER AUCTION CLOSE. Absolutely no shipping of e-bikes, tandems, or Black Phantom.
| Bid Range | Minimum Increment | ||
|---|---|---|---|
| $0.01 | - | $75.00 | $1.00 |
| $75.01 | - | $150.00 | $5.00 |
| $150.01 | - | $250.00 | $10.00 |
| $250.01 | - | $500.00 | $25.00 |
| $500.01 | - | $1,000.00 | $50.00 |
| $1,000.01 | - | $5,000.00 | $75.00 |
| $5,000.01 | - | $50,000.00 | $100.00 |
| $50,000.01 | - | $75,000.00 | $250.00 |
| $75,000.01 | - | $100,000.00 | $500.00 |
| $100,000.01 | - | $2,500,000.00 | $1,000.00 |
| Buyer's Premium | Cap |
|---|---|
| 15.00% | $1,500.00 |
This auction is contracted and managed by: EES Services LLC
Manager: Randall Dietel
Auction Terms & Conditions
Thank you for participating in our auction. By bidding, you agree to the following terms and conditions. Please read them carefully before placing any bids. For questions, contact EES Services LLC at 612-584-7838 prior to bidding.
We strive to make your auction experience seamless and enjoyable. Please plan accordingly and reach out with any questions before bidding. Happy bidding!
EES Services LLC
Randall Dietel, Manager
612-584-7838
Auction Terms Addendum
This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.
Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.
Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.
Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.
Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.
Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.
Auction Process
Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.
If bidding privileges are suspended due to unpaid invoices:
Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.
Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.
Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.
Due to the timing around the holidays, the limited number of lots and the potential for bidders from far distances, we are offering extended amount of time to pickup of the bicycles. Please contact us to schedule a time for pickup. Please inquire with any questions pertaining to item pickup or options for shipping / courier delivery. INVOICES MUST BE PAID 72 HOURS AFTER AUCTION CLOSE. Absolutely no shipping of e-bikes, tandems, or Black Phantom.
We accept cash, Visa, and Mastercard debit/credit cards. Payments over $5,000 require certified funds (e.g., wire transfer) unless we approve a card payment with an additional 3% fee at our discretion.
Due to the timing around the holidays, the limited number of lots and the potential for bidders from far distances, we are offering extended amount of time to pickup of the bicycles. Please contact us to schedule a time for pickup. Please inquire with any questions pertaining to item pickup or options for shipping / courier delivery. INVOICES MUST BE PAID 72 HOURS AFTER AUCTION CLOSE. Absolutely no shipping of e-bikes, tandems, or Black Phantom.
| Bidder | Placed | High Bid |
|---|---|---|
|
512940
|
Dec 14 07:34pm
| $2,025.00 |
|
441191
|
Dec 14 07:32pm
| $1,950.00 |
|
512940
|
Dec 14 07:15pm
| $1,875.00 |
|
313828
|
Dec 14 07:14pm
| $1,800.00 |
|
512940
|
Dec 14 07:14pm
| $1,725.00 |
|
313828
|
Dec 14 07:13pm
| $1,650.00 |
|
512940
|
Dec 14 06:36pm
| $1,575.00 |
|
514446
|
Dec 14 06:29pm
| $1,500.00 |
|
512940
|
Dec 14 04:37pm
| $1,275.00 |
|
479128
|
Dec 14 04:32pm
| $1,200.00 |
|
512940
|
Dec 14 01:19pm
| $1,125.00 |
|
55375
|
Dec 14 08:53am
| $1,050.00 |
|
57405
|
Dec 13 10:21pm
| $1,000.00 |
|
55375
|
Dec 12 02:56pm
| $950.00 |
|
11040
|
Dec 11 09:30pm
| $900.00 |
|
55375
|
Dec 11 04:00pm
| $850.00 |
|
11040
|
Dec 10 11:53am
| $750.00 |
|
55375
|
Dec 08 07:32am
| $600.00 |
|
11040
|
Dec 04 09:35pm
| $550.00 |
|
98636
|
Dec 04 06:51pm
| $400.00 |
|
281096
|
Nov 29 06:46pm
| $300.00 |
|
312727
|
Nov 28 08:53pm
| $200.00 |
|
123102
|
Nov 27 08:33pm
| $150.00 |
|
313828
|
Nov 26 03:27pm
| $130.00 |
|
49657
|
Nov 26 01:17pm
| $100.00 |
|
226631
|
Nov 25 08:17pm
| $50.00 |