Don't be misled about the so-called 

"Serial Number One"! 

That is a 1905 model. 

There was no 1903 model that looked 

like that bike and one wouldn't appear 

as a prototype until 1904. 

Production didn't start until 1905.

(Herbert Wagner)

"Serial Number One" &
Fritz Simmerlein (1997)

Milwaukee, Wis. USA