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Now that I have some idea of vintage I'd be interested to know what this bike is worth. Any thoughts?

My mother says he bought a bike in April of 1974. Is it reasonable to think this bike would be available in the US at that time?

Interesting, my bike is a 15 speed

Re:Photos This was my Dad's bike and I believe he purchased it in 1974. It's hard for me to imagine him buying a brand new bike, hence my question about vintage. The bike is rideable but would benefit from new tires and brake pads. It's been hanging in my garage for close to 20 years.

Can anyone tell me how old a Falcon Bike with frame serial number C66427 might be? I'm thinking 70's but would like to be more certain. It has a "Falcon Special sticker on the seatpost and a Reynolds 531 Sticker on the frame.