Herrershoff 12 1/2 original on Craiglist NYC

[frenchiebuilder]

Spotted this today, thought somebody here might be interested...

http://newyork.craigslist.org/mnh/boa/335895178.html

[Ethan]

I'm sorry, but no way. I understand that there is a price premium for "original" craft, but the H12.5 sellers have lost their minds over the last 5-10 years. You could build 2 boats for that price and have enough left over to buy the super-spectacular digital camera to record the process for posterity.

This isn't directed at you Frenchie - thanks for thinking of the forum and making people aware.

[rbgarr]

The market seems to agree with you somewhat, Ethan. This boat was just up for auction on eBay and bids reached $12,800 and stopped. It's been relisted and is now at $11K plus. We'll see how high the bidding goes. http://tinyurl.com/37xon9

[NealmCarter]

here in Annapolis theres a fleet of these actively racing. Most are the Joel White copies and they usually sell in the 20-25K range, so a real Herreshoff is worth at least that much....assuming you have the deep pockets.

[SNagy]

Actually, $21K is a bargain for these boats. Within the last 2 years, I have seen 2 sell for over $30K. I guess it is a question of supply and demand. This one looks well maintained.

[elf]

How do they justify competing with the Havens? The Haven's don't have a keel?

It's really interesting to see people trying to sell boats like this on eBay and craigslist - i.e. to the general public. I wonder whether these people simply don't know how to reach their best market or are too cheap to take out a decent ad in Wooden Boat and don't want to spend the time locating the class. If I were looking for a real H12 it wouldn't occur to me to start at eBay!

[Ethan]

Actually, $21K is a bargain for these boats. Within the last 2 years, I have seen 2 sell for over $30K. I guess it is a question of supply and demand. This one looks well maintained.

Seems there are one or two around that have been up for sale for awhile with a low to mid-20k price that haven't moved.

Don't get me wrong, I love the H12.5's. I would personally value possession of an original. But they were a production boat. One that can be easily replicated.

Ah hell, I hope the guy gets what he wants for it. Maybe I'm just irked cause it's past the depth I'm willing to dig into my own pocket.

[prestonbriggs]

How do they justify competing with the Havens? The Haven's don't have a keel?

Havens have a keel too, but it's got a slot cut in it for the centerboard.
People claim performance is pretty much identical, or at least close
enough for the sort of races they're likely to get into.

Preston

[Garrett Lowell]

For 21k I'd buy it. I'd swear that particular boat used to be at Annapolis.

[The Gentleman Sawyer]

This same boat has been on EBay, a couple of times, I think.

Ken

[SNagy]

I emailed with the owner. The boat has been in Oyster Bay for 5 years, Shelter Island before that, and Taxachussetts before that. I follow thes boats pretty closely. The price ranges are something like this: Completely restored, museum quality goes for $30K plus. Boats from the original 20 also go for over $30K. Boats that are in good condition but not flawless go from about $18K - $25K. Boats that need significant work go from about $8K to maybe $15K, depending. A rotting hulk can be had for around $4K. Judging by the photos of this boat, I think the $21K is a really good price. No sistered ribs, good transom, etc.

-Steve