Here's my starting point. I think it's a 62 Schwinn Jaguar. I picked this up along with my ladies Evans Commander exactly as you see it minus the wheels for $25. The nexus 3 speed coaster wheels and tires were $120 including shipping from nashbar.com so I'm off to a good start. This should be a $250 bike, making it nearly the most expensive in the stable.
The tires don't really fit the theme of the build (the name might give it away), but they might get to stay anyway.
The tires don't really fit the theme of the build (the name might give it away), but they might get to stay anyway.