Last week I saw this in the U-District. It’s a Raleigh Twenty, I think late 1960s. After the success of Alex Moulton’s small-wheeled Moulton Standard, Raleigh decided to jump on the trend for small wheels and non-traditional frame configurations. However the Raleigh Twenty lacked the Moulton’s remarkable suspension system, and in using large volume, low pressure tires to compensate for ride comfort, the Twenty was considerably less spry. It was however cheaper.
This Twenty is a folder, though I believe some Twenties were not.
Follow us on Twitter
Fan us on Facebook
Suffer Faces on Tumblr
Picking on Mulu
Find us on Instagram
Read us on Android and iOS with the Currents app
Subscribe on Kindle 
Hey, thats MY bike. Awesome picture. I picked it up for $20 at a rummage sale a few weeks ago. Thanks for the info on it!
That cable’s not going through anything. Please check out my buddy’s locking page before that wonderful folder goes poof.