Schwinn Krate Image Gallery and Blog The Schwinn Krates are by far my favorite Schwinn. Models include the Grey Ghost, Apple Krate, Lemon Krate, Orange Peeler, and Coal. Many had 5 speeds with the mean shifter on the top tube. They were styled after a dragster with the small front tire and gear shifter, and drag slik on the back. Features also include caliper brakes, some had an Atom hub which was a drum brake, front springer suspension, and suspended rear seat.