John,
It is currently oiled down, and that will have to do for awhile (along with the new seat and cleaned-up/painted platform). The big problem is what you can't see, which is the top of the hood. It is in quite sad shape with a lot of surface rusting that I'm afraid even the oiling won't stop from getting worse in my storage barn, which is not climate controlled. That is what will drive me to restore this one rather than leave it original.
I also need one rear wheel replaced. If there is anybody out there with a good 16-38 8-rail rim you would sell, please contact me!!
Thanks,
JB