Frank Schwinn set Arnold, Schwinn & Co. apart from other bicycle manufacturers through innovation beginning in 1933 with the introduction of the balloon tire bicycle. In 1934 Schwinn took bicycle design to a whole new level with the introduction of the Aerocycle. The Aerocycle featured a streamlined tank with an aviation theme to evoke the latest technological marvels. The tank incorporated a headlight, an electric horn was mounted on the handlebars, and a functional taillight was also standard.

The Aerocycle was produced from 1934-36 and is considered one of the most desirable pre war bicycles and was the top-of-the-line offering from Schwinn until the Autocycle was introduced in 1936.  The Aerocycle was not a large seller due to the relatively high price but put Schwinn on the map as a dominate player in the bicycle industry. According to Schwinn literature the Aerocycle was only offered in red and silver but through a contract with Chicago Suppy Co. Aerocycles were manufactured in a variety of colors. Owner: Shawn Sweeney