Just drove 7 hours to San Diego to get the boat, it did not go as planned. They had told me I had until Monday morning to get it out of their marina, however when I arrived it was a different story. The owner was in a hurry to get us out of his marina, even though the boom was cracked in half and the motor didn't work. The battery was dead and we weren't even given time to work on it to get it running. Although the staff was respectful to us, the owner was very rude and did not want to work with us to remove it. Engine dead, battery dead, boom broken, and not any time to repair anything. There is also no papers no documentation or anything, and no hull ID. We walked away after an hour. The video walk through was pretty accurate though.
Wow...crazy. The owner (I presume you mean owner of KKC) is very nervous about the exact process/procedure to remove this boat. He is obviously following some very strict instructions from his attorney to maintain "arms length" from any possible liability. Caveat Emptor and "if it's too good to be true...." are important warnings to listen to with this situation. What did the KKC offer to you as a means of removing the boat? Would they remove the mast and take it out of the water and put it on a trailer if you had one that could handle it? Or did they saw get another boat and tow it out of their marina? This story keeps getting stranger and stranger. I do hope Learning the Lines does a followup on this once it's all sorted out.
@@timhardman4764 he refused to give me any paperwork. Would not provide me with license or CF numbers.said this conversation never happened. He gave me 30 minutes to remove it. Said he did not care if I drove it or had it towed. He did say if I left a deposit he would load it on a trailer. I was just dumb founded. Could not see any solution that would allow me to be the legal owner. I JUST LEFT.
@@svapollo6264 Sorry to hear about the disappointment and frustration dealing with this unique boat and more unique "selling" situation. It's too bad he did not make it clear up front (when on the phone with them) what all the conditions of "transfer" were. I did see this thread updated by KKC yesterday clarifying 4 things one of which was there were no papers and title was the responsibility of the person taking the boat. Learning the Lines did add that info to the Video Description area. It was then updated again with the $15K deposit if not taken immediately along with per foot storage/dockage fees etc... At a minimum there are potential legal land mines with this boat but it might be as minor as $1K or $2K of lawyer fees to get legal title and registration. On the other hand, if the original owner comes after you at some point in the future the legal fees could add up real fast even if you have proper/legal ownership but then have to defend it. She is a beauty and it sounds like you are the right guy to bring her back to life but it's just so hard and uncertain trying to complete such a messy situation. If you really want the boat find a good lawyer with experience in this special niche area of the law, give him the details and find out what his fee will be to title the boat in your name and protect you from a future claim with the former owner.
Totally ridiculous, red flags went up during & after your video. I followed the situation as much as I could, but just for one dollar it's not worth the sleepless nights wonder if someone made the right decision. No paperwork tells me there are some legal problems with this boat. When the owner of the boat yard wanted the boat out in 30 minutes that's when I just would turn around & say no thanks. Plus I would never fo any business with that boat yard owner, never. & I would warn people too, just by what you did on the comment section. Its a wonder the boat yard owner didn't strip down the boat for parts.
I was going to buy a wood boat over in Kauai. And they wanted a million dollar insurance bond. I called around they do not give insurance to wooden boats anymore. So that's one harbor you would not be allowed to go into. I couldn't imagine all the other harbors in the United States.
Just restored a 30 year old 50'MY. This sailboat is a $100K free boat. With these kinds of restorations, unless you do it all by yourself (which still will always cost more than one thinks,) there are many small things that add up quickly.
Looks good on the surface. If I were interested in a 50' deep water sail boat (way beyond my expertise) I would want to know the condition of her planks, frames etc. Would also like to see her underwater profile, fin vs full length keel. Both are good, but what you want depends on what you want to use the boat for. She looks like a fine vessel, and would be worth restoring, even a complete rebuild (e.g. Samson Boat Co. Talley Ho) which I wouldn't expect from what you showed us. I hope she goes to someone who really appreciates fine classic sailing yachts.
Love the boat. I restored one from WW2. Note: the bottom has to be stripped and redone every 7-12 years. On the low side, this boats bottom work if it's in great shape will be 20-40k to pay a service provider. Doing it alone is fine, but you'll be digging hard at it for 150-400 hours. Painting material only is about 8500.00. If it's soft below, most sling operators won't touch it. It can not be insured unless the whole bottom is new in the last 7 years with a recent full survey. If it had paperwork, and they had a sling available to haul out so it could be bunked up on a semi, I would strip and glass it completely below deck line so that nonsense would end. Onced glassed well and survey is done, insurance is a breeze. Nearly zero marinas accept uninsured boats. A look at all the bilges with a pencil to poke with is perfect for a quick inspection on wood hulls
This scenario may be common at other repair shops, items left, people don't pay, leave item, shop has no title, can't sell and in this case, a monthly slip fee. Legally for them, best way to pass on to someone else and purchaser can disappear with the boat.... Research getting new title first, can be done..... Next check for rot, engine then glass, boom, rigging, then sail to and be a liveaboard. ..
The notification on the boat said they just did a new bottom job which means probably new paint and Zinc at least and that the hull was sound..that's my boat.
$1 + $200,000 worth of materials and labour (or much more....) and you would have a beautiful sailing Yacht worth about $30,000 - $50,000! Been there, done that! Nice video but no question that there will be major structural work needed! Whoever buys it is committing to a huge project! Is it worth saving? Maybe. Will it be expensive? Without a doubt! Thanks for the great video! Mike 🇨🇦🍁
Dang! I’d jump on this project. If only I wasn’t on the other side of the world! $1 boats DO NOT look like this in Australia Love to be able to document the restoration.
There's more to the story of this boat. No title will be an issue as well as we didn't see the bilges or important areas of a boat. If this boat was on the east coast of USA it would be worth alot, keep in mind this boats in Cali. Everything is more expensive and politics come into play. You'd buy this and if there was an issue and it sinks when you move it Cali will bill ya probably 5 million in fines and removal for environmental damage or some bs like that. If wasn't Cali and has a title would be worth a little but the Cali n no title will definitely be an expensive issue to try and sort out, especially if a foreigner.
There's loads of free/cheap sailboats in USA. I'd look on the east coast to purchase in my humble opinion. Cheaper and politics don't get involved unlike the west coast where everything's backwards in the name of social justice or whatever they're motto is at the moment.
@@working2bselfsufficient724 No really. You can buy a boat like that for $130k. A quick research on Yachtworld. The strange thing about the boat is the fact the KKC says you will need $175k to restore the boat without having surveyed it. Having ask them how is this possible to make an estimation like that I git the answer just because of their 80 yrs experience. There are ways around to register the boat very easily but there is always a risk that the pre-owner comes back and ask for his property and there is not much what you can do.
If she was already in Florida, I probably would consider getting her. She is definitely a project I could take on myself, flip her or keep her. Unfortunately, she is on the other side of the world. But she is a beautiful girl.
it always makes me sad when a beautiful boat ever gets to a condition like this where its going to take a lot of work and money to bring her back to sailing condition ! but i hope there is someone with the skills to do just that and i will applaud them once i see them out sailing this classic beautiful boat.. LA Rob
Thank you for sharing "Gypsy" Please add this information to the description: 1. This boat was abandoned at KKC facilities. The owner has defaulted on his contract with KKC and is believed to have departed the USA indefinitely . He is not a US citizen. KKC has exhausted all resources to locate him. There is not a title for the boat, the party who takes possession will be solely responsible in acquiring a title. 2. KKC is not selling this vessel. Any party who assumes responsibility for the vessel will remove it immediately from KKC property. KKC will release any lien against the vessel upon its departure . 3. KKC is not in a position to perform work on this vessel. 4. The vessel is available on a first come first serve basis. The party will remove the vessel promptly at their own expense .
@@LearningtheLines This should be pinned at the top of this video. This statement from this company means they're technically selling a boat they do not own or have title to. What's to stop the actual owner from returning at some point in the future with title in hand and reclaiming his property. No way in hell I'd buy this boat with out some very serious legal consul in my pocket just in case...
I'm not lawyer and I don't play one on TV. But this seems to be the best way to think of it: They don't own the boat but they own an interest in the boat because of work and storage. They are selling that interest for $1, hence you get it with no lien from the yard. What a mess!!
PLEASE DO A FOLLOW UP VIDEO to how the situation progressed on the 1934 Lawley wooden boat! if you can interview the new owner THAT would be an interesting video to hear how either crazy someone is or knowledgable they were to safely navigate hazardous waters legally/mechanically to scored a nice boat.
I think it's a gorgeous boat. I'm aware of the cost and amount of work it could need. But, at 76 years old, and living in the mountains of NC, I think I should pass on this one.
Theres only one way this purchase makes sense .place it on land build a cover overhed to protectit from the weather build a wooden deak around it at the waterline level.instant tiny house with real character and class .
This is a boat for a good lawyer. Real first question is does California have statue of limitations for ownership of abandoned personal property? You are not buying it. You are paying KKC to release their financial claims.
Part of the problem is its size. It will cost more to berth, more to haul out, more to dry store, and more to re rig. There might be some framing issue as well as some keel ones. If so, those will require skilled work to repair. Doing the work one's self, is probably the only affordable option, but there are a limited number of boat yards that allow this. Everything has moved so upscale these days. It's 11 foot beam may allow it to be trucked far in land, where the work sight may be less expensive. Then again, there may be no major bottom issues, and maybe just the rigging needs to be replaced. The cost of caring for it and keeping it may be a major reason it was dumped. I didn't notice any pumps running, so I suspect the bottom is in reasonably good shape.
Agreed the price is right. With it in San Diego it'll be somebody else's project. But I too will be looking forward to that owner sharing his experience on bringing this project back up to speed. Nice boat and a great find keep up the great work.
Out of sight out of mind.15,000? Could be the lien on the vessel.1200.00 monthly berthing.Owner in Florida. Koehler to find legal rep in Florida to file paperwork 5000.00?Owner lost interest or can’t come up with finances?Boat for sale for$1. Churchill said a riddle wrapped in a mystery inside an enigma!GOODLUCK.
This particular boat is in excellent shape for the most part. The problem will be re-rigging with modern and appropriate safety features, such as steering lines and stanchion fittings, as well as, all new lines and possibly sails. Having said that combined with the enormous amount of woodwork is probably the reason that it's a dollar other than that it's an excellent boat from what I saw in this video. I'm from Newport Rhode Island and I sailed on the world's largest wooden tall ship. The thing to remember about a wooden ship is that regardless of whether it looks like it needs work you do the work anyway. Ps. I currently live on Captiva, Island now. I feel like we're kind of neighbors just across the canal number 10
1/2 mil ya think? That teak decking is probably 120,000 if it is a dime. When that teak deck goes away it will not be replaced with more teak the way things are looking unless she is sailed off to the Western Pacific Rim where teak and labor are cheap. Interesting there appears to be no visible water ingress from the teak deck. Now is the time to strike! Off load that deck and glass over it. The head china was pretty impressive. It's a heart stopping hull design though. Looks like something from the drawing tables of S&S. And even at that one of their more exotic designs. I think you could be correct when sheathing the hull is taken into account. Total glass over the inside and outside. Nobody is going to do with tending that thing as it is without doing what the last owner did to her.
The statement from this company means they're technically selling a boat they do not own or have title to even though they state they're "Not Selling" the boat. That's your very first RED FLAG and the only one that should matter folks. What's to stop the actual owner from returning at some point in the future with title in hand from reclaiming his property? No way in hell I'd buy, or should I say Take, this boat with out some very serious legal consul to protect me...
You folks are so right. I am in the boat business and have a passing familiarity with admiralty law. This is a booby trap waiting to snare the unwary dreamer. If the title was possible to get KKC would have already secured it and sold the boat.
@@joeldelamirande5792 there is no way around it, maritime law requires a title, or boll of sales to even move the boat. Since the owner of the boat yard acted the way he did, was a red flag.
The problem is it would cost me $13,000 just to truck it to the east coast. Really is a money pit unless you live in that area. Does look like it is in good shape though for a restoration. Some guy with a lot of time and a lot of ambition will be happy with it.
Usually in wooden boats the frames next to the keel rot due to fresh water in the bilge good luck finding someone who can do the repairs until then you're liable for any damages when it sinks in the harbor.
Good friends of ours bought a beautiful yacht designed by William Fyfe of Scotland and built and launched in Australia in 1907 as a gaff rigged ketch. Still sails and races competitively. The owners paid a few more dollar more than the one above, but quickly realised they were merely the current custodians and have spent a bucket load of money bringing the vessel back to it's former glory.
This deal sounds fishy as hell. What's going on below the waterline? Why didn't KKC file a mechanic's lien and foreclose to get the title? I suspect there's some major gremlins (legal and mechanical) hiding in all that woodwork that KKC didn't want to deal with which is why they are just dumping it instead of selling it as a project.
Very cool being a dollar on the west coast it needs to go to a ship yard dealing in wooden boats there’s one in Brazil where sailing Yaba is heck it would be a adventure through the cannel !! Yep deep pockets for sure unless you could find a place cheap enough to bring it nack if I was in my situation I’d be there with 5 $ dollars 😎
The woods and construction techniques of Yaba are completely different. And it's true that by the time Ben and MP are finished, they will have replaced most of Yaba with new wood.
Hoping that you or any sincerely interested individuals or groups will get this 50' sailing vessel and get it blue water liveaboard-ready or rigged and safe for coastal sailing and begin enjoying it a d the work fun and adventures that await.
@@williamretallick7430 Yup, that's kind of how it all works, don't be going selling stuff to people that dun want it. That would be a handicap in negotiations.
@@williamretallick7430 The value doesn't necessarily have to be found in the selling of the salvaged parts or materials. For somebody building a new boat, buying an old boat can be a great source of fittings and equipment, especially if you can find one with spars of about the size you need and in good condition. Winches that can be rebuilt, etc. All that stuff adds up quickly if you have to buy it new and/or as individual pieces. Plus bronze, aluminum, and lead ballast always has value as scrap. I was looking at lead prices the other day and it's pretty high right now. Local guy here in Alaska was giving away an Alberg 35 project recently that he couldn't afford to keep any longer. Looked it up, and there was about 5000 pounds of lead in the keel. If I'd had a way to move it and a place to do the work, I would have been sorely tempted.
A lot of expensive legal work and regulatory hurdles. But an excellent project and fine vessel. Will take a lot of sweat equity and boatyard fees and transportation costs. If I were taking it on the transportation costs would make it cost prohibitive, I live in DFW Texas. 10s of thousands to transport this beauty to Texas and again from dfw to the gulf when finished.
Lawley built some really nice boats , including the legendary LF Herreschoff Ticonderoga . looks like it must be quite dry there judging by the open ports . no sign of water leaking in anywhere because its so dry ? if the boat sheds water and fresh water is not leaking in thru the decks and various joints she might be largely rot free . best thing to do is look at her on a rainy day to see where and how badly she leaks . she looks to be in amazingly good condition with no sign of fresh water or mildew anywhere below . perhaps the San Diego climate has spared her .? the peek into her deck lockers didn't look too scary either . looks like it would be easy to look at her frames in the turn of her bilge in those lockers . there and around underneath the engine beds is where you will usually find cracked frames . if not , that says a lot for her structural integrity . those cast bronze beams reinforcing the house are a quality touch . engine looked clean . is there a battery to try starting it ?. all in all she looks really good .
if you or someone can afford slip fees she would make a nice affordable live aboard or weekend / coastal cruiser . she looks like she needs only relatively minor work . has sails . doesn't seem to have a swampy bilge . and a very nice looking boat . beautiful teak decks ; which can be problematic with leaks . it is unusual to find a boat of that age and quality in good shape that has hasn't been butchered or glassed over by a past owner . she really is a boat for someone who loves wooden boats and will keep her up properly and not butcher her beautiful woodwork . she would be snapped up in a heartbeat by New England classic boat lovers . I believe frank Paine designed some of the early Hinckley sailboats . you might try advertising her in the back of wooden boat magazine . I hope she finds a good owner . I am a wooden boatbuilder from Maine .
THANX FOR THAT BOATS COVERAGE... ITS A PRETTY VESSEL THAT HOPEFULLY ENDS UP IN THE HANDS OF A TRUE ENTHUIAST... BUT FOR A DOLLAR ITS ANYONE CAN ZALVAGE IT FOR PARTS... WHAT A SHAME THAT WOULD BE
Great tour for stimulating Boat dreams and fantasies about boat ownership since it floats, appears to be in relatively good shape and everyone here can afford the purchase price. This is a big hungry alligator requiring regular feeding for the remainder of it's life. The new owner will need to have lots of time, money and skills...aka...alligator food. The wealthy person wanting this kind of project would see a sale price of $10K, $5K or $1.00 all the same. There are only a handful of wealthy, sophisticated customers like that in the USA and they don't appear to be interested. The $1.00 sale price I'm afraid is a tactic to snare an unsophisticated emotional buyer that can't really afford the long term costs but thinks he will be able to figure it all out along the way. Good luck to whoever buys it and I hope it doesn't end up being chopped up and parted out. The current owner could be the same guy that Holly, from Another Adventure on Y. T. got a salvage boat from and then once she got it off the beach and to a marina and started the restoration, the owner tried to reclaim it. It took lawyers and money and time for her to win that battle even though it was a "cut and dried" case. The previous owner knew Holly had little financial resources and he thought he could bully her financially to the point she had to give up. Fortunately it was a just and happy (but expensive) ending for Holly. This boat comes with potential legal problems also re: legitimate ownership and title due to foreign ownership that cannot be found. This boat will definitely generate some income for an attorney or two. If you don't have $100K in cash in the bank that can be used on this project for phase 1, plus a relatively good income that will continue during the restoration that you can draw from for additional boat restoration expenses then you can't even consider this boat, you are way to poor to buy and restore this $1.00 boat.
At Holly, the initial situation was completely different. The legal situation KKC is aiming for is not feasible in Europe. You cannot pass on someone else's ownership "just like that". The legal way must be taken, i.e. a court must confirm KKC's claim, auction the ship and compensate KKC with the proceeds. Everyone can reflect why they do not take this straightforward path.
@@albertfunk1176 Albert, the point being made is this is not a conventional clean purchase and transfer of title meaning a former owner might dispute the new "owner/caretaker's" claim of ownership requiring a legal defense and the funds to pay for it. There is some risk of losing the boat to the old owner after you've spent your $15K boat project fund just to get this boat to your farm in Ohio to start your 10 year restoration. I'm sure KKC hired a lawyer and did their due diligence to insure they have no liability regarding the further care of this boat or obligation to the owner. I assume it is considered abandoned property and the unpaid dock fees are greater than the boats value. I'm also sure in any Boat storage/docking contract the rules are clearly stipulated regarding what will happen if you don't pay your monthly fees and KKC is now exercising those rights. KKC has said the boat is not for sale for $1. It is not a sale transaction. It is a first come first serve, take it away for free immediately. This probably makes it even "cleaner" for KKC if they get sued/taken to court so they can say we did not receive any compensation or object of value for this vessel when it left our property so there is no compensation or value to share with the former owner should he try to litigate with KKC. The object of value will be with the person who now has it in his/her possession. They will have to hire legal help if/when the former owner comes looking for his/her boat whether their claim is legitimate or not. So Phase I funds in the restoration project need to include legal fees to defend your claim. When deciding if you want to take on this project, the potential ownership issue is one more risk the new "caretaker" of this boat must factor in to their decision.
First, many marinas will no longer take a wooden boat. We do not know when the frames have been refastened or how many times. Still, it would not be a crazy risk. You would have to be a DIY person. That is what happened here. Commercially, too expensive to restore. Just get the list of work to be done from them and then you would know. All IMO having had several wooden boats before.
I'm leaning towards what did the owner smuggle into the country and why are the numbers missing? Could explain why the boatyard just wants it gone yesterday. Even accepting $1.00 constitutes a sale and bill of sale should be issued or you just stole that boat.
It's clear that Koehler Kraft doesn't want to part this beauty out, or they would have already. Knowing the extent of and when the last refit occurred, especially the planking could help buy some time and actually enjoy some sailing time... Haha, I didn't see this, I will not go look at it, no no no!! 🤪🤑🥴
@@danieloliver20 not necessary there are US states where you can register a boat without a title. The problem is -this is just my subjective opinion- the boat is burdened with debts. You get it for $1 dollar but there is a huge backpack on the boat
i lived in Annapolis actually born there and have taken a chain saw to boats such as this the give away was the streaking of fastener's below the water line its a shame and it breaks the hart.
Ik,denk zelf dat ze een keer de bodem geraakt hebben, met de de kiel. Zomaar een zandbak? Of er is echt iets constructief, niet Oke. Want dat deurtje, ging in vast. Naast de mast!
Nobody in their right mind would abandon such a beautiful boat, I'm sure there is more to the story...Smells like a legal trick to settle the score between the current owner and the yard...I wouldn't touch it
Well the restoration company has clear title and can transfer it for a dollar. However the second that happens then the bills start you own a boat so you have to pay mooring fees it may well be that they want you to move your boat s you have to hope there is mooring currently available or you can motor or sail to such a place. Obviously before you buy because of this a survey would be needed since any insurance company will require it. So your one dollar boat might cost you several thousand in mooring survey plus any repairs to get her able to move. Note a survey would be for insurance purposes and to give you an idea of what repairs were needed rather than to protect your 1 dollar investment. This is why one dollar boats exist it is not the cost of buying it but the cost of keeping it repairing it etc.
@@glennedwards1449 ownership and potential transfer, as explained isn't clear at all. Otherwise they'd simply sell the boat...this one dollar give away thing seems fishy....
Nothing fishy to it!!! The owner abandoned the boat, this happens ALL the time and the yard doesn’t want it taking up valuable property!!! It’s all written out clearly, don’t be such a cynic!
They don’t have no paperwork for it at all no title nothing. That’s why it a dollar. And why can’t they get it themselves and than sell it. Come on this isn’t a bad boat you would think if anyone could get it be them. You have to get a good lawyer and do some research on it. That probably would be 2 to 3 thousand just getting a lawyer involved.
@@ratj4715 She is a beautiful classic, and would definitely deserve to sail again. But as labeled, the fool who's gonna take the bait and sign a contract is gonna get properly MILKED by the yard/marina. Unless some bold guy shows up, pay the dollar and immediately leaves with the boat, by the time you are done clearing the title issue (someone owns that boat and only a legal decision can say otherwise and it will take months to clear this point) you'll already have some solid yard or marina fees waiting for you in the thousands. That's without counting the refit cost itself on a classic wooden boat of that size...in the hundreds of thousands...
As a new parent myself, I feel you on the energy level. But before filming a solo vid, chug a Red Bull. You really picked up in energy when you went below, but prior to that it was an ASMR video. Quality content all around though! I hope you are all doing well.
@@stevenr8606 I don't think so. It's a quality video, but I've had the same issue when I'm usually filming with a partner and then I'm on my own. It feels psychotic to be high energy to no one. And it's even weirder above decks where people can see and hear you. I love this content, but I wanted to offer a small critique to keep it growing. Not slam the people who have made so many hours of great videos.
This boat would work great as a do-over or rather follow-up video. The subject is great, it's such a dream, possibly a reachable one and yet such a mystery and risky. It could easily be their most popular video. Get into the condition better and add an interview on the offer, condition, work needed and anything regarding the mystery. The info is their at the yard, we just need a reporter to investigate.
@@chilesauce7248 $15,000 as a retainer for a disposal fee what if the original contract had that fee on it and the shipyard has taken that fee and therefore cannot legally claim title
Hint: KKC wants this craft GONE! AND DON’T COME BACK!! A boat like this is a labor of love. There is no logical return on the “investment”. You will see a good number of boats “ for sale” reeeeel cheap. The reason folks is that it costs a LOT of money to dispose of a boat, especially one of this size. Yes, she has beautiful lines. And the interior looks pretty good. Nice bright work. The old Perkins is a very good engine. Maybe a 4-107. Parts may be an issue. I could see this boat taken over by a historical association or something for a group project refit or something. All considering it didn’t look too bad. A friend of mine recently bought a Morgan OI 33 for a dollar. She has about 15K in the boat now but it’s very nice. She did a great job including a “new” Beta Marine diesel with very low hours. Another friend recently sold his Islander 30 1968. He was looking at about 5K to get it scrapped. Ouch! So sold it for a hundred dollars. A win win. Ha ha
The cost to get a title, how long could the original owner come back & repo from you, & the approximate cost of the refit would be starters. The boat yard legally can’t do anything; they have a lean on the boat; once they release the lean couldn’t the original owner come take possession providing they have proof of ownership? It just seems this could be a huge cost just in legal fees. You need insurance before moving; which seems impossible in its current state regarding the hurdles associated with legal ownership. I’d be interested in getting more information as I’m getting ready to retire, wouldn’t mind taking on a project; it’s not worth a half million though.
Gorgeous boat with beautiful lines! I wonder about its history. It seems like the exterior section of the mast was replaced with a much smaller lightweight aluminum mast above the deck compared to the original wooden one down below never mind that the mizzen mast is gone.
It was a beautiful boat but wooden boats scare me. i have watched sampson boat co videos and that is too much work for me and im pretty handy. Plus reading the description there is no title nor hull numbers so getting it moved anywhere by water would be a pain in the ass. Getting title to it would be a nightmare in CA as well.
This is potentially a gorgeous boat, but very likely a very dangerous money pit. I know that in at least some parts of the U.S., if a person buys a house on a tax sale and the former owner wants to reclaim it, they must also come up with any expenses (such as repairs or updates) the tax sale purchaser has incurred. I wonder if any of this could be applied to this yacht. Any attorney's out there with a knowledgeable opinion?
I don't think its a big project it's $1 because the people getting rid of it don't have the title and the owner has left the country and abandoned it. possibly covid related abandonment.
@@nickocleary2701 Maybe i should try to put the dream, come to be a reality. To get in all the fjords and out in the world as Captain on my own ship would be a dream. Thank you for the inspiration
For that, kinda surprised someone has not bought it for scrap/parting out. The bronze windows etc, alot of other stuff of value there. Many years of labor or cost for someone to bring it back, but it might be cool.
Jordan, for $1 why don't you buy this boat. I mean, you're there and you've seen it first hand. So what's the reason why it's still for sale for $1? How much would it take to get it back into tip-top shape? How much would the hidden fees be to be able to move it from it's present location? It's definitely going to cost a LOT more than $1 in the long run.
Looks like a bout my uncle owned in the early 70s it was crazy fast . He sailed it all over the east coast and the islands. Only sold it because a new bridge to replace a drawbridge was goin in and the new bridge was too low
Would still need a survey. A boat is a hole in the water you throw money into. You need to know how big that hole is. No title? What are the legal issues involved? Still interesting.
Given the legal hassles, this boat almost makes more sense on land. For someone local, a couple grand to move it, a couple to cut the keel off and dispose of and it makes a super cool guest cabin. Or a treehouse. Yeah, somebody hang this up between some trees!
I wonder what a hull survey would reveal. Mast boom, rigging. It has potential to be a beautiful vessel but, yes it could be a lot of work AND expense. If done properly though it could be a wonderful coastal cruiser.
you need to back up about 100' to get a shot of the boat, it is like a puzzle having all these little boat parts, imo profile shot, drone shots would be nice.
Maybe its me but if the boat yard does not provide the contract or attempts to collect and legal notifications, how can anyone get this boat. Wont a judge look at it as a boat that had just pulled into the yard and they gave it away?
i like that... for years i have been looking for some old yacht to put on my land in the mts. of colorado. dry her out. it would probably fall apart. then again that could be the way to reseal the hulls of old boats. dry them out and reseal with west system glass and resin. wood does weird things when it dries up. john
Its easy, it was fixed, worked on, and someone walked away leaving a hearty bill behind. So to make this easy for you. Dock Slip Rental $550 to $1000 a month.. it is taking up space = money lost. I have obtained 17 sailboats like this one. The bill is a loss, insurance claim for unpaid work. So for a $1.00 which is required to obtain title/legal sale of boat to transfer, then the business is not liable. Take Care Ed.. Peace Out..
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Nothing more expensive than a free boat.
Hahahaha u ain’t lying brother
No kidding. That's the beginning of the end.
That's for sure, I've got a buddy that has one. He has been working on it for 4 years and it has not left the marina.
A boat is a hole in the water that you throw your money into.
Is there a lien on the boat?
Just drove 7 hours to San Diego to get the boat, it did not go as planned. They had told me I had until Monday morning to get it out of their marina, however when I arrived it was a different story. The owner was in a hurry to get us out of his marina, even though the boom was cracked in half and the motor didn't work. The battery was dead and we weren't even given time to work on it to get it running. Although the staff was respectful to us, the owner was very rude and did not want to work with us to remove it. Engine dead, battery dead, boom broken, and not any time to repair anything. There is also no papers no documentation or anything, and no hull ID. We walked away after an hour. The video walk through was pretty accurate though.
Wow...crazy. The owner (I presume you mean owner of KKC) is very nervous about the exact process/procedure to remove this boat. He is obviously following some very strict instructions from his attorney to maintain "arms length" from any possible liability. Caveat Emptor and "if it's too good to be true...." are important warnings to listen to with this situation. What did the KKC offer to you as a means of removing the boat? Would they remove the mast and take it out of the water and put it on a trailer if you had one that could handle it? Or did they saw get another boat and tow it out of their marina? This story keeps getting stranger and stranger. I do hope Learning the Lines does a followup on this once it's all sorted out.
@@timhardman4764 he refused to give me any paperwork. Would not provide me with license or CF numbers.said this conversation never happened. He gave me 30 minutes to remove it. Said he did not care if I drove it or had it towed. He did say if I left a deposit he would load it on a trailer. I was just dumb founded. Could not see any solution that would allow me to be the legal owner. I JUST LEFT.
@@svapollo6264 Sorry to hear about the disappointment and frustration dealing with this unique boat and more unique "selling" situation. It's too bad he did not make it clear up front (when on the phone with them) what all the conditions of "transfer" were. I did see this thread updated by KKC yesterday clarifying 4 things one of which was there were no papers and title was the responsibility of the person taking the boat. Learning the Lines did add that info to the Video Description area. It was then updated again with the $15K deposit if not taken immediately along with per foot storage/dockage fees etc... At a minimum there are potential legal land mines with this boat but it might be as minor as $1K or $2K of lawyer fees to get legal title and registration. On the other hand, if the original owner comes after you at some point in the future the legal fees could add up real fast even if you have proper/legal ownership but then have to defend it. She is a beauty and it sounds like you are the right guy to bring her back to life but it's just so hard and uncertain trying to complete such a messy situation. If you really want the boat find a good lawyer with experience in this special niche area of the law, give him the details and find out what his fee will be to title the boat in your name and protect you from a future claim with the former owner.
Totally ridiculous, red flags went up during & after your video. I followed the situation as much as I could, but just for one dollar it's not worth the sleepless nights wonder if someone made the right decision.
No paperwork tells me there are some legal problems with this boat. When the owner of the boat yard wanted the boat out in 30 minutes that's when I just would turn around & say no thanks. Plus I would never fo any business with that boat yard owner, never. & I would warn people too, just by what you did on the comment section.
Its a wonder the boat yard owner didn't strip down the boat for parts.
I was going to buy a wood boat over in Kauai. And they wanted a million dollar insurance bond. I called around they do not give insurance to wooden boats anymore. So that's one harbor you would not be allowed to go into. I couldn't imagine all the other harbors in the United States.
Just restored a 30 year old 50'MY. This sailboat is a $100K free boat. With these kinds of restorations, unless you do it all by yourself (which still will always cost more than one thinks,) there are many small things that add up quickly.
Thanks, Jordan. Enjoy these "project" tours. Beautiful lines....but
The sale price is all one needs to know.... RUN!! 😂😇
No look at the bilges or frames? Very interesting boat but all we saw was pretty woodwork. The things that really matter were not shown.
garbage
"Learning the Lines" These guy know very cursory amount Not intended as a survey
That's what I was looking for. This one is special, not sure why it got the short treatment.
Looking in the bilge when the hatches are staring you in the face is not a survey. I was disappointed with this too, especially on a wooden boat.
Whoever got her has a great deal. She will be amazing.
I will send pics 😆
@@paulfrancis4479 Thank you.
Looks good on the surface. If I were interested in a 50' deep water sail boat (way beyond my expertise) I would want to know the condition of her planks, frames etc. Would also like to see her underwater profile, fin vs full length keel. Both are good, but what you want depends on what you want to use the boat for. She looks like a fine vessel, and would be worth restoring, even a complete rebuild (e.g. Samson Boat Co. Talley Ho) which I wouldn't expect from what you showed us. I hope she goes to someone who really appreciates fine classic sailing yachts.
Love the boat. I restored one from WW2. Note: the bottom has to be stripped and redone every 7-12 years. On the low side, this boats bottom work if it's in great shape will be 20-40k to pay a service provider. Doing it alone is fine, but you'll be digging hard at it for 150-400 hours. Painting material only is about 8500.00. If it's soft below, most sling operators won't touch it. It can not be insured unless the whole bottom is new in the last 7 years with a recent full survey. If it had paperwork, and they had a sling available to haul out so it could be bunked up on a semi, I would strip and glass it completely below deck line so that nonsense would end. Onced glassed well and survey is done, insurance is a breeze. Nearly zero marinas accept uninsured boats.
A look at all the bilges with a pencil to poke with is perfect for a quick inspection on wood hulls
This scenario may be common at other repair shops, items left, people don't pay, leave item, shop has no title, can't sell and in this case, a monthly slip fee. Legally for them, best way to pass on to someone else and purchaser can disappear with the boat....
Research getting new title first, can be done.....
Next check for rot, engine then glass, boom, rigging, then sail to and be a liveaboard.
..
The boat was there for a refit...and then abandoned. What's that tell you? It tells me the previous owner got an estimate...and then ran.
I think it's more likely, considering 2020 and all, that the boat was abandoned after the owner either passed or lost their job.
The notification on the boat said they just did a new bottom job which means probably new paint and Zinc at least and that the hull was sound..that's my boat.
@@agentnuget that's most likely the case
@@stevenr8606
junk
@@kevio6868 how well do you know the boat?
I really like wooden sailboats. I believe that two young people could really make something of this one.
$1 + $200,000 worth of materials and labour (or much more....) and you would have a beautiful sailing Yacht worth about $30,000 - $50,000!
Been there, done that!
Nice video but no question that there will be major structural work needed!
Whoever buys it is committing to a huge project!
Is it worth saving? Maybe. Will it be expensive? Without a doubt!
Thanks for the great video!
Mike 🇨🇦🍁
200.000 you took the words right out of my mouth.🤦♂️
My wife said that I absolutely cannot fly to California and sail it back to our landlocked home in Georgia. Bummer.
Georgia does have a coast. Just saying.
Dang! I’d jump on this project. If only I wasn’t on the other side of the world! $1 boats DO NOT look like this in Australia Love to be able to document the restoration.
There's more to the story of this boat. No title will be an issue as well as we didn't see the bilges or important areas of a boat. If this boat was on the east coast of USA it would be worth alot, keep in mind this boats in Cali. Everything is more expensive and politics come into play. You'd buy this and if there was an issue and it sinks when you move it Cali will bill ya probably 5 million in fines and removal for environmental damage or some bs like that. If wasn't Cali and has a title would be worth a little but the Cali n no title will definitely be an expensive issue to try and sort out, especially if a foreigner.
There's loads of free/cheap sailboats in USA. I'd look on the east coast to purchase in my humble opinion. Cheaper and politics don't get involved unlike the west coast where everything's backwards in the name of social justice or whatever they're motto is at the moment.
@@working2bselfsufficient724 No really. You can buy a boat like that for $130k. A quick research on Yachtworld. The strange thing about the boat is the fact the KKC says you will need $175k to restore the boat without having surveyed it. Having ask them how is this possible to make an estimation like that I git the answer just because of their 80 yrs experience.
There are ways around to register the boat very easily but there is always a risk that the pre-owner comes back and ask for his property and there is not much what you can do.
@@michaeldob2153 Exactly
@@working2bselfsufficient724 Any suggestions where to look? I am looking for a cheap wooden boat to restore
I would be very interested in following the journey of this beautiful vessel, hopefully someone will step up and look into her overall condition.
Shes pretty solid, been living in her for a year
Beautiful, Wood is such a nice ride over fiberglass. Excellent shape for being abandoned.
If she was already in Florida, I probably would consider getting her. She is definitely a project I could take on myself, flip her or keep her. Unfortunately, she is on the other side of the world. But she is a beautiful girl.
Send it here to New Zealand, she will get looked after here!
A Gypsy is a design gem! From years gone by! I would take it in a minute, but I can't presently.
it always makes me sad when a beautiful boat ever gets to a condition like this where its going to take a lot of work and money to bring her back to sailing condition ! but i hope there is someone with the skills to do just that and i will applaud them once i see them out sailing this classic beautiful boat.. LA Rob
Thank you for sharing "Gypsy"
Please add this information to the description:
1. This boat was abandoned at KKC facilities. The owner has defaulted on his contract with KKC and is believed to have departed the USA indefinitely . He is not a US citizen. KKC has exhausted all resources to locate him. There is not a title for the boat, the party who takes possession will be solely responsible in acquiring a title.
2. KKC is not selling this vessel. Any party who assumes responsibility for the vessel will remove it immediately from KKC property. KKC will release any lien against the vessel upon its departure .
3. KKC is not in a position to perform work on this vessel.
4. The vessel is available on a first come first serve basis. The party will remove the vessel promptly at their own expense .
Added, thanks.
@@LearningtheLines This should be pinned at the top of this video.
This statement from this company means they're technically selling a boat they do not own or have title to.
What's to stop the actual owner from returning at some point in the future with title in hand and reclaiming his property.
No way in hell I'd buy this boat with out some very serious legal consul in my pocket just in case...
@@PastorwithoutaPulpit It would surely have been easy for the yard to have taken a mechanics lien and re-issue of title. I wonder why they didn't?
Tis a beautiful vessel fer a pyrat...email sent!
I'm not lawyer and I don't play one on TV. But this seems to be the best way to think of it: They don't own the boat but they own an interest in the boat because of work and storage. They are selling that interest for $1, hence you get it with no lien from the yard. What a mess!!
PLEASE DO A FOLLOW UP VIDEO to how the situation progressed on the 1934 Lawley wooden boat! if you can interview the new owner THAT would be an interesting video to hear how either crazy someone is or knowledgable they were to safely navigate hazardous waters legally/mechanically to scored a nice boat.
I think it's a gorgeous boat. I'm aware of the cost and amount of work it could need. But, at 76 years old, and living in the mountains of NC, I think I should pass on this one.
From what I can see, the boat looks well cared for and solid. The only thing that really concerns me is being able to get a new title and register it
Solid, lol,,,, nothing worked, no running motor, cracked boom.so many things wrong. Not worth a dollar if you can't title the boat.
Tow it out t sea and set it adrift. Come back board it and tow it to shore and file salvage rights.
@@ccpederson1769 what exactly do you expect for $1 LOL
I couldn't imagine the cost of keeping a 50' boat in Southern California.
$1400 -$2000/slip
Get it the the
hell out of California. Probably Mexico.
@@danieloliver20 damn
The guy lives in Florida
Theres only one way this purchase makes sense .place it on land build a cover overhed to protectit from the weather build a wooden deak around it at the waterline level.instant tiny house with real character and class .
GREAT IDEA! ID LOVE FOR THAT TO BE MY TINY HOME!!!!
If it was closer, I'd buy this as a long term project in a heartbeat. What a handsome boat
This is a boat for a good lawyer. Real first question is does California have statue of limitations for ownership of abandoned personal property? You are not buying it. You are paying KKC to release their financial claims.
'Fine, it's a sculpture of limitations'
They haven't taken it because it was abandoned, they've taken it for payment of a debt ... I'm guessing.
Part of the problem is its size. It will cost more to berth, more to haul out, more to dry store, and more to re rig. There might be some framing issue as well as some keel ones. If so, those will require skilled work to repair. Doing the work one's self, is probably the only affordable option, but there are a limited number of boat yards that allow this. Everything has moved so upscale these days. It's 11 foot beam may allow it to be trucked far in land, where the work sight may be less expensive.
Then again, there may be no major bottom issues, and maybe just the rigging needs to be replaced.
The cost of caring for it and keeping it may be a major reason it was dumped.
I didn't notice any pumps running, so I suspect the bottom is in reasonably good shape.
Agreed the price is right. With it in San Diego it'll be somebody else's project. But I too will be looking forward to that owner sharing his experience on bringing this project back up to speed. Nice boat and a great find keep up the great work.
Good firewood !
Out of sight out of mind.15,000? Could be the lien on the vessel.1200.00 monthly berthing.Owner in Florida. Koehler to find legal rep in Florida to file paperwork 5000.00?Owner lost interest or can’t come up with finances?Boat for sale for$1. Churchill said a riddle wrapped in a mystery inside an enigma!GOODLUCK.
This particular boat is in excellent shape for the most part. The problem will be re-rigging with modern and appropriate safety features, such as steering lines and stanchion fittings, as well as, all new lines and possibly sails. Having said that combined with the enormous amount of woodwork is probably the reason that it's a dollar other than that it's an excellent boat from what I saw in this video. I'm from Newport Rhode Island and I sailed on the world's largest wooden tall ship. The thing to remember about a wooden ship is that regardless of whether it looks like it needs work you do the work anyway. Ps. I currently live on Captiva, Island now. I feel like we're kind of neighbors just across the canal number 10
It's a dollar up front, then half a milly to restore it.
1/2 mil ya think? That teak decking is probably 120,000 if it is a dime. When that teak deck goes away it will not be replaced with more teak the way things are looking unless she is sailed off to the Western Pacific Rim where teak and labor are cheap. Interesting there appears to be no visible water ingress from the teak deck. Now is the time to strike! Off load that deck and glass over it. The head china was pretty impressive. It's a heart stopping hull design though. Looks like something from the drawing tables of S&S. And even at that one of their more exotic designs. I think you could be correct when sheathing the hull is taken into account. Total glass over the inside and outside. Nobody is going to do with tending that thing as it is without doing what the last owner did to her.
@@melee401 if the stringers and the planking are good, glass it, but buy stock in West Systems first!!
@@danieloliver20 ya... GLASS an antique wooden boat... just brilliant.
Tow it to south America get the work done for ten cents on the dollar
@@melee401 Your trying to make a wood boat plastic? I think they already have those.
The statement from this company means they're technically selling a boat they do not own or have title to even though they state they're "Not Selling" the boat. That's your very first RED FLAG and the only one that should matter folks.
What's to stop the actual owner from returning at some point in the future with title in hand from reclaiming his property?
No way in hell I'd buy, or should I say Take, this boat with out some very serious legal consul to protect me...
Quite so.
I was thinking the same thing
Nice project but will need a strong lawyer
You folks are so right. I am in the boat business and have a passing familiarity with admiralty law. This is a booby trap waiting to snare the unwary dreamer. If the title was possible to get KKC would have already secured it and sold the boat.
@ed wiser what the way around it
@@joeldelamirande5792 there is no way around it, maritime law requires a title, or boll of sales to even move the boat. Since the owner of the boat yard acted the way he did, was a red flag.
The problem is it would cost me $13,000 just to truck it to the east coast. Really is a money pit unless you live in that area. Does look like it is in good shape though for a restoration. Some guy with a lot of time and a lot of ambition will be happy with it.
The guy lives in Florida.
There was a boat about like this one and it was ship from the mid south area to California and the cost was 60,000. To ship
Usually in wooden boats the frames next to the keel rot due to fresh water in the bilge good luck finding someone who can do the repairs until then you're liable for any damages when it sinks in the harbor.
Yeah..rotten framesrotten knees .Shagged running rigging.
Motors seized.etc etc
Good friends of ours bought a beautiful yacht designed by William Fyfe of Scotland and built and launched in Australia in 1907 as a gaff rigged ketch. Still sails and races competitively. The owners paid a few more dollar more than the one above, but quickly realised they were merely the current custodians and have spent a bucket load of money bringing the vessel back to it's former glory.
It probably has more back storage fees then it’s worth then on top of needing a refit?
That's a great boat to start a RUclips channel from.
junk
@@kevio6868 That makes it a perfect channel starter!
This deal sounds fishy as hell. What's going on below the waterline? Why didn't KKC file a mechanic's lien and foreclose to get the title? I suspect there's some major gremlins (legal and mechanical) hiding in all that woodwork that KKC didn't want to deal with which is why they are just dumping it instead of selling it as a project.
That still on floating and not going to sinking. That is already saying about the hull quality.
Very cool being a dollar on the west coast it needs to go to a ship yard dealing in wooden boats there’s one in Brazil where sailing Yaba is heck it would be a adventure through the cannel !! Yep deep pockets for sure unless you could find a place cheap enough to bring it nack if I was in my situation I’d be there with 5 $ dollars 😎
junk.....Yaba was a complete rebuild financed by Utube..junk
Yaba is a pile of crap compared to this boat.
The woods and construction techniques of Yaba are completely different. And it's true that by the time Ben and MP are finished, they will have replaced most of Yaba with new wood.
Hello, my name is greg im 64. i think this boat is really cool. i dont care how much work it takes.
Hoping that you or any sincerely interested individuals or groups will get this 50' sailing vessel and get it blue water liveaboard-ready or rigged and safe for coastal sailing and begin enjoying it a d the work fun and adventures that await.
Even salvage for parts, thats a bargain. Ports, Engine, fittings... Worth a LOT of money.
Yup, there's a lot of salvage value in there for one who is willing to put in some labor and time.
Only if someone wants to bye them!
@@williamretallick7430 Yup, that's kind of how it all works, don't be going selling stuff to people that dun want it. That would be a handicap in negotiations.
@@williamretallick7430 The value doesn't necessarily have to be found in the selling of the salvaged parts or materials. For somebody building a new boat, buying an old boat can be a great source of fittings and equipment, especially if you can find one with spars of about the size you need and in good condition. Winches that can be rebuilt, etc. All that stuff adds up quickly if you have to buy it new and/or as individual pieces. Plus bronze, aluminum, and lead ballast always has value as scrap. I was looking at lead prices the other day and it's pretty high right now.
Local guy here in Alaska was giving away an Alberg 35 project recently that he couldn't afford to keep any longer. Looked it up, and there was about 5000 pounds of lead in the keel. If I'd had a way to move it and a place to do the work, I would have been sorely tempted.
That’s a Beautiful boat
Absolutely stunning
A lot of expensive legal work and regulatory hurdles. But an excellent project and fine vessel. Will take a lot of sweat equity and boatyard fees and transportation costs. If I were taking it on the transportation costs would make it cost prohibitive, I live in DFW Texas. 10s of thousands to transport this beauty to Texas and again from dfw to the gulf when finished.
If it looks too good to be true - It probably is. Wooden boats are a lot more work. Others have stated that ownership might be disputed.
my thoughts exctly
I would have paid double the asking price lol
ha! Now that's a good comment. :)
It's a bidding war! $2.50!
@@PatrickKQ4HBD $2.55
Lawley built some really nice boats , including the legendary LF Herreschoff Ticonderoga . looks like it must be quite dry there judging by the open ports . no sign of water leaking in anywhere because its so dry ? if the boat sheds water and fresh water is not leaking in thru the decks and various joints she might be largely rot free . best thing to do is look at her on a rainy day to see where and how badly she leaks . she looks to be in amazingly good condition with no sign of fresh water or mildew anywhere below . perhaps the San Diego climate has spared her .? the peek into her deck lockers didn't look too scary either . looks like it would be easy to look at her frames in the turn of her bilge in those lockers . there and around underneath the engine beds is where you will usually find cracked frames . if not , that says a lot for her structural integrity . those cast bronze beams reinforcing the house are a quality touch . engine looked clean . is there a battery to try starting it ?. all in all she looks really good .
if you or someone can afford slip fees she would make a nice affordable live aboard or weekend / coastal cruiser . she looks like she needs only relatively minor work . has sails . doesn't seem to have a swampy bilge . and a very nice looking boat . beautiful teak decks ; which can be problematic with leaks . it is unusual to find a boat of that age and quality in good shape that has hasn't been butchered or glassed over by a past owner . she really is a boat for someone who loves wooden boats and will keep her up properly and not butcher her beautiful woodwork . she would be snapped up in a heartbeat by New England classic boat lovers . I believe frank Paine designed some of the early Hinckley sailboats . you might try advertising her in the back of wooden boat magazine . I hope she finds a good owner . I am a wooden boatbuilder from Maine .
Ticonderoga was built by Quincy Adams, not Lawley’s.
WOW THATS A HELL OF A DEAL! GREAT LIVE ABOARD!!!
THANX FOR THAT BOATS COVERAGE... ITS A PRETTY VESSEL THAT HOPEFULLY ENDS UP IN THE HANDS OF A TRUE ENTHUIAST... BUT FOR A DOLLAR ITS ANYONE CAN ZALVAGE IT FOR PARTS... WHAT A SHAME THAT WOULD BE
Great tour for stimulating Boat dreams and fantasies about boat ownership since it floats, appears to be in relatively good shape and everyone here can afford the purchase price. This is a big hungry alligator requiring regular feeding for the remainder of it's life. The new owner will need to have lots of time, money and skills...aka...alligator food. The wealthy person wanting this kind of project would see a sale price of $10K, $5K or $1.00 all the same. There are only a handful of wealthy, sophisticated customers like that in the USA and they don't appear to be interested. The $1.00 sale price I'm afraid is a tactic to snare an unsophisticated emotional buyer that can't really afford the long term costs but thinks he will be able to figure it all out along the way. Good luck to whoever buys it and I hope it doesn't end up being chopped up and parted out. The current owner could be the same guy that Holly, from Another Adventure on Y. T. got a salvage boat from and then once she got it off the beach and to a marina and started the restoration, the owner tried to reclaim it. It took lawyers and money and time for her to win that battle even though it was a "cut and dried" case. The previous owner knew Holly had little financial resources and he thought he could bully her financially to the point she had to give up. Fortunately it was a just and happy (but expensive) ending for Holly. This boat comes with potential legal problems also re: legitimate ownership and title due to foreign ownership that cannot be found. This boat will definitely generate some income for an attorney or two. If you don't have $100K in cash in the bank that can be used on this project for phase 1, plus a relatively good income that will continue during the restoration that you can draw from for additional boat restoration expenses then you can't even consider this boat, you are way to poor to buy and restore this $1.00 boat.
Good Summary. Thanks.
At Holly, the initial situation was completely different.
The legal situation KKC is aiming for is not feasible in Europe. You cannot pass on someone else's ownership "just like that". The legal way must be taken, i.e. a court must confirm KKC's claim, auction the ship and compensate KKC with the proceeds.
Everyone can reflect why they do not take this straightforward path.
@@albertfunk1176 Albert, the point being made is this is not a conventional clean purchase and transfer of title meaning a former owner might dispute the new "owner/caretaker's" claim of ownership requiring a legal defense and the funds to pay for it. There is some risk of losing the boat to the old owner after you've spent your $15K boat project fund just to get this boat to your farm in Ohio to start your 10 year restoration. I'm sure KKC hired a lawyer and did their due diligence to insure they have no liability regarding the further care of this boat or obligation to the owner. I assume it is considered abandoned property and the unpaid dock fees are greater than the boats value. I'm also sure in any Boat storage/docking contract the rules are clearly stipulated regarding what will happen if you don't pay your monthly fees and KKC is now exercising those rights. KKC has said the boat is not for sale for $1. It is not a sale transaction. It is a first come first serve, take it away for free immediately. This probably makes it even "cleaner" for KKC if they get sued/taken to court so they can say we did not receive any compensation or object of value for this vessel when it left our property so there is no compensation or value to share with the former owner should he try to litigate with KKC. The object of value will be with the person who now has it in his/her possession. They will have to hire legal help if/when the former owner comes looking for his/her boat whether their claim is legitimate or not. So Phase I funds in the restoration project need to include legal fees to defend your claim. When deciding if you want to take on this project, the potential ownership issue is one more risk the new "caretaker" of this boat must factor in to their decision.
@@timhardman4764 The way I see it, they give up their unpaid fees for $ 1 (why only verbal agreement?) and look away when the boat is moved out.
Sounds like the perfect project for some bored Mexican cartel who have a passion for old boats.
First, many marinas will no longer take a wooden boat. We do not know when the frames have been refastened or how many times. Still, it would not be a crazy risk. You would have to be a DIY person. That is what happened here. Commercially, too expensive to restore. Just get the list of work to be done from them and then you would know. All IMO having had several wooden boats before.
such a pretty boat
I'm leaning towards what did the owner smuggle into the country and why are the numbers missing?
Could explain why the boatyard just wants it gone yesterday.
Even accepting $1.00 constitutes a sale and bill of sale should be issued or you just stole that boat.
Beautiful old boat. Lots of work to bring back, but cool when finished.
I, too, would love to have this as a project boat!
It's clear that Koehler Kraft doesn't want to part this beauty out, or they would have already. Knowing the extent of and when the last refit occurred, especially the planking could help buy some time and actually enjoy some sailing time...
Haha, I didn't see this, I will not go look at it, no no no!! 🤪🤑🥴
it was 2020 ( at the beginning of the video you see it on the papers)
@@michaeldob2153 if the boat yard still has it, the NO Title has to be a major problem
@@danieloliver20 not necessary there are US states where you can register a boat without a title. The problem is -this is just my subjective opinion- the boat is burdened with debts. You get it for $1 dollar but there is a huge backpack on the boat
@@michaeldob2153 You can register a boat in all 50 states without a title provided the vessel is U.S. Coast Guard Documented.
@@tomd.3082 Not in All
Was there ever a follow-up video or info on this boat? I stopped by last Sunday 9/12 and it was gone.
Your going to refit the boat and have it ready for splash day and the owner is going to show up with the title.
Ouch, horrible thought.
i lived in Annapolis actually born there and have taken a chain saw to boats such as this the give away was the streaking of fastener's below the water line its a shame and it breaks the hart.
Ik,denk zelf dat ze een keer de bodem geraakt hebben, met de de kiel.
Zomaar een zandbak?
Of er is echt iets constructief, niet Oke.
Want dat deurtje, ging in vast. Naast de mast!
Good afternoon! There passed a lot of time, what destiny of this beautiful wooden boat? Thanks.
This is a nice boat, any chance of a follow up?
Maybe the new owner can do a youtube restore project?
Yep, the boat looks like a great deal. Heck she is floating but what baggage come with? Too bad on the west coast.
If it was in the Atlantic or gulf, I would jump on it...just a little far from Florida.
Excuse's are for losers lmao... blah blah blah lol... You win the award for the stupidest comment award... Are you on Planet Earth?
@@capt.tigerhall no...I'm in florida. It's better than earth.
Nobody in their right mind would abandon such a beautiful boat, I'm sure there is more to the story...Smells like a legal trick to settle the score between the current owner and the yard...I wouldn't touch it
Well the restoration company has clear title and can transfer it for a dollar. However the second that happens then the bills start you own a boat so you have to pay mooring fees it may well be that they want you to move your boat s you have to hope there is mooring currently available or you can motor or sail to such a place. Obviously before you buy because of this a survey would be needed since any insurance company will require it. So your one dollar boat might cost you several thousand in mooring survey plus any repairs to get her able to move. Note a survey would be for insurance purposes and to give you an idea of what repairs were needed rather than to protect your 1 dollar investment.
This is why one dollar boats exist it is not the cost of buying it but the cost of keeping it repairing it etc.
@@glennedwards1449 ownership and potential transfer, as explained isn't clear at all. Otherwise they'd simply sell the boat...this one dollar give away thing seems fishy....
Nothing fishy to it!!! The owner abandoned the boat, this happens ALL the time and the yard doesn’t want it taking up valuable property!!! It’s all written out clearly, don’t be such a cynic!
They don’t have no paperwork for it at all no title nothing. That’s why it a dollar. And why can’t they get it themselves and than sell it. Come on this isn’t a bad boat you would think if anyone could get it be them. You have to get a good lawyer and do some research on it. That probably would be 2 to 3 thousand just getting a lawyer involved.
@@ratj4715 She is a beautiful classic, and would definitely deserve to sail again. But as labeled, the fool who's gonna take the bait and sign a contract is gonna get properly MILKED by the yard/marina. Unless some bold guy shows up, pay the dollar and immediately leaves with the boat, by the time you are done clearing the title issue (someone owns that boat and only a legal decision can say otherwise and it will take months to clear this point) you'll already have some solid yard or marina fees waiting for you in the thousands. That's without counting the refit cost itself on a classic wooden boat of that size...in the hundreds of thousands...
As a new parent myself, I feel you on the energy level. But before filming a solo vid, chug a Red Bull.
You really picked up in energy when you went below, but prior to that it was an ASMR video.
Quality content all around though! I hope you are all doing well.
@@stevenr8606 I don't think so. It's a quality video, but I've had the same issue when I'm usually filming with a partner and then I'm on my own. It feels psychotic to be high energy to no one. And it's even weirder above decks where people can see and hear you.
I love this content, but I wanted to offer a small critique to keep it growing. Not slam the people who have made so many hours of great videos.
This boat would work great as a do-over or rather follow-up video. The subject is great, it's such a dream, possibly a reachable one and yet such a mystery and risky. It could easily be their most popular video. Get into the condition better and add an interview on the offer, condition, work needed and anything regarding the mystery.
The info is their at the yard, we just need a reporter to investigate.
The more I read about this company, the more this sounds like a scam. I'd expect anyone to be out thousands before they could leave with that boat.
yep $15000 down to start, that retainer doesn't sound right, and then the buyer needs approval for all repairs from them, WTF!
I read...no need for the 15,000 down if you leave immediately after paying the 1.00
garbage
Disposing of a boat can cost a lot of money if there's not enough stuff to salvage and sell to pay the disposal costs.
@@chilesauce7248 $15,000 as a retainer for a disposal fee what if the original contract had that fee on it and the shipyard has taken that fee and therefore cannot legally claim title
If you're a DIY-er, you could whip this boat back into shape for just $150,000 (if not significantly more).
This is probably the truest cost!
Hint: KKC wants this craft GONE! AND DON’T COME BACK!! A boat like this is a labor of love. There is no logical return on the “investment”. You will see a good number of boats “ for sale” reeeeel cheap. The reason folks is that it costs a LOT of money to dispose of a boat, especially one of this size. Yes, she has beautiful lines. And the interior looks pretty good. Nice bright work. The old Perkins is a very good engine. Maybe a 4-107. Parts may be an issue. I could see this boat taken over by a historical association or something for a group project refit or something. All considering it didn’t look too bad. A friend of mine recently bought a Morgan OI 33 for a dollar. She has about 15K in the boat now but it’s very nice. She did a great job including a “new” Beta Marine diesel with very low hours. Another friend recently sold his Islander 30 1968. He was looking at about 5K to get it scrapped. Ouch! So sold it for a hundred dollars. A win win. Ha ha
The cost to get a title, how long could the original owner come back & repo from you, & the approximate cost of the refit would be starters. The boat yard legally can’t do anything; they have a lean on the boat; once they release the lean couldn’t the original owner come take possession providing they have proof of ownership? It just seems this could be a huge cost just in legal fees. You need insurance before moving; which seems impossible in its current state regarding the hurdles associated with legal ownership. I’d be interested in getting more information as I’m getting ready to retire, wouldn’t mind taking on a project; it’s not worth a half million though.
with a little imagination that would be a beautiful boat under sail after a big refit.
junk...build a new boat cheaper
just drive it away and live in it and if the owner comes back just give it to him
Where are you going to put it.. Can't even anchor it without registration
Gorgeous boat with beautiful lines! I wonder about its history. It seems like the exterior section of the mast was replaced with a much smaller lightweight aluminum mast above the deck compared to the original wooden one down below never mind that the mizzen mast is gone.
I'd love this boat if I had a place to repair it, and a knowledgable friend.
Nice amount of light being let in
Love seeing you in the 17b!
It was a beautiful boat but wooden boats scare me. i have watched sampson boat co videos and that is too much work for me and im pretty handy. Plus reading the description there is no title nor hull numbers so getting it moved anywhere by water would be a pain in the ass. Getting title to it would be a nightmare in CA as well.
Is the owner Koehler Kraft or this mysterious foreign person that they cannot reach?
This is potentially a gorgeous boat, but very likely a very dangerous money pit. I know that in at least some parts of the U.S., if a person buys a house on a tax sale and the former owner wants to reclaim it, they must also come up with any expenses (such as repairs or updates) the tax sale purchaser has incurred. I wonder if any of this could be applied to this yacht. Any attorney's out there with a knowledgeable opinion?
Can't belive someone out there has not grabbed it. Darn only 1 dollar
Is this boat still available, the $1.00 boat in San Diego. I live in Victorville, California. We're is it located at San Diego,?
WHY??? How is it possible. I wish i was young and could take on this project. Well i wish the new owner a great life on sea
Don’t have to be young for this. My friend is 80+ and just finishing doing a full restore on a similar boat.
I don't think its a big project it's $1 because the people getting rid of it don't have the title and the owner has left the country and abandoned it. possibly covid related abandonment.
@@nickocleary2701 Maybe i should try to put the dream, come to be a reality. To get in all the fjords and out in the world as Captain on my own ship would be a dream. Thank you for the inspiration
For a dollar 💵 just for a live aboard at the dock is a steal the wood was awesome 👌
For that, kinda surprised someone has not bought it for scrap/parting out. The bronze windows etc, alot of other stuff of value there. Many years of labor or cost for someone to bring it back, but it might be cool.
Jordan, for $1 why don't you buy this boat. I mean, you're there and you've seen it first hand. So what's the reason why it's still for sale for $1? How much would it take to get it back into tip-top shape? How much would the hidden fees be to be able to move it from it's present location? It's definitely going to cost a LOT more than $1 in the long run.
Looks like a bout my uncle owned in the early 70s it was crazy fast . He sailed it all over the east coast and the islands. Only sold it because a new bridge to replace a drawbridge was goin in and the new bridge was too low
To bad I'm from accross the Atlantic.. She looks amazing!
Would still need a survey. A boat is a hole in the water you throw money into. You need to know how big that hole is. No title? What are the legal issues involved? Still interesting.
Given the legal hassles, this boat almost makes more sense on land. For someone local, a couple grand to move it, a couple to cut the keel off and dispose of and it makes a super cool guest cabin. Or a treehouse. Yeah, somebody hang this up between some trees!
AGREE! ID LOVE TO TURN IT INTO A TINY HOME!!!
If someone had a boat repair or refurbishing shop, this would be a smart investment!
I wonder what a hull survey would reveal. Mast boom, rigging. It has potential to be a beautiful vessel but, yes it could be a lot of work AND expense. If done properly though it could be a wonderful coastal cruiser.
you need to back up about 100' to get a shot of the boat, it is like a puzzle having all these little boat parts, imo profile shot, drone shots would be nice.
Would love to have this boat but don’t even begain to know how much it would cost to get to pickwick lake in Tn…..
Maybe its me but if the boat yard does not provide the contract or attempts to collect and legal notifications, how can anyone get this boat. Wont a judge look at it as a boat that had just pulled into the yard and they gave it away?
haul it up on land and make a cottage out of it
i like that... for years i have been looking for some old yacht to put on my land in the mts. of colorado. dry her out. it would probably fall apart. then again that could be the way to reseal the hulls of old boats. dry them out and reseal with west system glass and resin. wood does weird things when it dries up. john
Can’t imagine why this boat is for sale at just $1.00!
Its easy, it was fixed, worked on, and someone walked away leaving a hearty bill behind. So to make this easy for you. Dock Slip Rental $550 to $1000 a month.. it is taking up space = money lost. I have obtained 17 sailboats like this one. The bill is a loss, insurance claim for unpaid work. So for a $1.00 which is required to obtain title/legal sale of boat to transfer, then the business is not liable. Take Care Ed.. Peace Out..
I am in Dana Point aboard my "free" 1969 26' Columbia look and I would totally take this boat off their hands!