Dutch Barge Mast Painting

alan006

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I'm not sure if this is the right place to ask this, but with all the different people that come here I bet someone will know.
A few years ago a friend of mine who owned a Dutch barge said that there was a custom in Holland that the top of the masts were painted a different colour depending on if the owner owned the boat outright with no debt or not. Does anyone know if this is true and if so what colours meant what.
I don't think he was pulling my leg. /forums/images/graemlins/smile.gif
 
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