I remembered as a kid thinking about the cost of the Schwinn Paramount as being incredibly expensive. In comparison to other bikes. It was. I do not know if that was the MOST expensive bike but it appears to be very expensive at suggested retail $175. Unfortunately, I could not find the pound/dollar exchange rate for that time.That compares to the Schwinn Continental ($87) and Varsity ($72) that some of my friends owned. Those were expensive from my financial situation at that time. I had a Schwinn with a big shock absorber on front. Can't remember the name. Kind of like a cargo bike. This is a fun catalogue for what I believe was the biggest selling bike brand in the USA at the 60s. http://www.schwinnbikeforum.com/SLDB/Details/dtail_6064.htm
My Dad bought me a Raleigh Colt in 1967 from Oscrofts cycle shop in Friern Barnet for Christmas. 3 speed Sturmey Archer gears and 26 inch wheels. It cost him £35 which he thought was expensive at the time.
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