Illingworth Maica with rot

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I have an Illingworth designed Maica, possibly the only one in the United States. It certainly turns heads here. The boat is strip planked with two diagonal layers of mahogany cold moulded over the strip planking, glued with resorcinol. It was built in France in 1963. There is some delamination in the cold moulding, as detected by sounding with a hammer and using a moisture meter. We are repairing this now by removing the veneers and gluing new wood. The question I am faced with is whether to reglue with resorcinol or with epoxy. I'm told this is a fairly common repair in England on similarly built boats. I'd appreciate any suggestions about this repair. Thanks.
 
Use epoxy, its easier to use and more forgiving than resorcinol, resorcinol is a good glue and in some ways better than epoxy. but epoxys' easier.
 
Not sure about Resorcinol sorry but I will ask the guy who it looks like I am about to buy a Maica of same vintage from.... Who built yours? Any feel by the way for what one of these in near mint condition might fetch over there? How long have you had her and how have you found her?
Sorry - it was you who had the question!
 
Here's an update on my Maica with rot. We've removed two layers of mahogany veneer and some of the strip planking, down to the frames and concluded that the problem is caused by electrolysis from the bolts attaching the frames. The original copper rivets are fine. There is a collection of stainless bolts, however, that seem to have been a more recent repair that caused electrolysis damage to the frames, strip planking and veneers. The topsides, above where the iron floors are, are fine. As far as pricing here in the U.S., this boat was on the market for over a year at $39,000, with no offers, and then sold in a week when the price was dropped to $29,000.
 
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