Chesapeake 32 - what's this one worth?

[Rum_Pirate]

Some pictures

She is a 1963 vintage, so is expected to be a little tired.

The lifelines have rust.

The rear port elongated porthole is boarded up.

There are two round holes in the rear of the cabin. One is boarded up.

The stove is rusting.

The recess (chill box?) on the rear starboard corner of the cabin is partly inaccessable.

The hull has a number of 'hollows(?)' and could do with painting.

The timber work needs a lot of attention

No seat or cover to head.

Yellow stain coming from stopcock in head area.

Minor amount of water below cabin sole boards.

Great headroom (I am 5'11")

Winches and support blocks could probably do with replacing.

As to rigging. It 'looks' OK so far - she has just sailed down to the Caribbean from Rhode Island.

No idea as to age/condition of sails.

Has wind steering gear.

Deflated dinghy on cabin roof not included.

 

[Rum_Pirate]

So what is she worth?

 

[DownWest]

I looked on Google (as I assume you did) and As a Phillip Rhodes design, worth a look. Not to many built, and the hull 'hollows' look like rough repairs from..? Hurricane damage? Certainly devalue it. The winches are interesting, might be worth keeping. Sails are a big question and how old is the standing rigging? Engine?
Worth? Not a lot. If you like work, and want to keep it afterwards and can get it at a knock down price (one assumes the owners NEED to sell) Can't see more than 5,000 USD there (and I know nothing, but it got down to your location)
My two francs worth.

Interesting that the info site found it worth mentioning that the Danish built ones paid no royalties..
A

 

[Salty John]

The slightly smaller sister to my Adriana, a Pearson Vanguard, also by Phil Rhodes. Good solid boats of the early 60's built to CCA specs. Big main, smallish headsails, modified full keel. Contrary to some opinion they sail remarkably well in light airs, and will keep you safe when it starts to blow.
Not worth very much; $10,000 to $12,000 depending on condition. That one looks pretty tatty.
I'd choose the Vanguard over the Chesapeake for the extra beam - and it looks better, too - but a nice little boat nonetheless.

 

[Blueboatman]

Not wishing to wee on your parade but that is a project boat that makes perfect sense only if you are a) prepared and capable and available to do all the remedial works yerself, and b) can honestly price up the cost of the many, many, many items that will need replacing.

With such a hardware list you might be in a position to make a fair offer but without that list the owner is going to think you are being greedy/mean.

$3000 would be about right, off the top of my head, and an easy 7-8K spend in the first year..Then the motor, sails, dinghy...

At which point is it easier ( and smarter) to sail a good un, or a Vanguard-which I am familiar with- down yerself from the States?

Nice, clear piccies btw. I suspect you will not let your heart over-rule the head..

Can that boat carry enough Rum for a thirsty pirate ?

 

[Rum_Pirate]

Thanks for the comments chaps.

I think I had already decided when I saw her close up I would not buy her for US$15K.

IF, the owner was to drastically reduce the price (say to US$5K) I would possibly have a shot.

It would probably be better to save my money and look for something is a bit better condition that would not need as much money sinking into it.