Tranona
Well-Known Member
Yes, if you read Maurice Griffiths' books from the 20's and 30's when he was active as a yacht broker and serial boat buyer/seller you realise that used boats had very little value. People now spend huge sums such as 2 year's average earnings refurbishing boats that changed hands before the war for as little as 3 months wages. Many were "saved" in the early post war years because new boats were difficult to come by, expensive and often not well built because of lack of good materials.Tranona You have hit on a key aspect of HB's beliefs, I cut a sentence or two about iron fastenings to reduce the quote length, but the incompatibility of oak & iron leading to nail sickness is a part of his argument. The cost of refastening could easily exceed the value of the boat. We also need to remember that boat prices (especially for older boats) were relatively low then. Today people may spend more on repairing an historic vessel than it might cost to replace her.