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Old 07-05-2016, 05:46 PM   #41
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City: Dauphin Island, AL
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Vessel Name: Free At Last
Vessel Model: 1981 42' Grand Banks Trawler
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We bought our 1981 42' GB in 2010. She had been idle for over two years and caught up in an estate fight. We have gone through a lot of repairs and upgrades through these years and she just keeps rewarding us with reliability as we continue to update and maintain. Teak is an issue an we are throwing in the towel and removing the teak going with alwgrip glass on the deck. Good bones was used as a description and I second that.
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Old 07-05-2016, 06:57 PM   #42
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Our marina neighbor just bought a 1971 GB Alaskan 49' for dirt dirt cheap. He plans to restore it and sell his sailboat and move onto the GB.
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Old 07-05-2016, 07:14 PM   #43
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Grand Banks boats are "grand." Well built, but like all other boats, maintenance and repair needs can't be ignored. Rotting fuel tanks, malfunctioning water pumps, failed generators, teak maintenance, broken windshield wipers, leaking windows, yada, yada. With boats, there is always something broken or breaking down. One needs to keep up. Ignore that, and any boat will become worthless or worse.

I spend several thousand dollars professionally maintaining (money spent goes directly to local workers and business owners) my relatively-young boat each year. That was considered in calculating the decision to acquire the boat.

I'm not a GB owner. They're out of my league.
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Old 07-06-2016, 11:37 AM   #44
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Quote:
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Our marina neighbor just bought a 1971 GB Alaskan 49' for dirt dirt cheap. He plans to restore it and sell his sailboat and move onto the GB.
This is a familiar story, and one not likely to end well - it's why he was able to buy it "dirt cheap" and why he will eventually sell it for even less.

Here's a great summary of these boats - "Old Woodies Rule" by the hugely knowledgeable Bob Lane.

Experienced owners taking 2 years (and almost $200K) to restore a 32' woodie, 4 years (and $150K) for an engineer to restore a 36'. I'm going to say there has probably never been a successful restoration of an Alaskan - but if so, it would be in the range of 10 years and $500K to $1mm.

As quoted in that article:
"I tell them don’t buy a project, pay a premium for the best,” he says. “In general, if a buyer is not a hands-on person and doesn’t have the time or skills, I tell them not to buy a project, but that if they do, be sure they have deep pockets.”
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Old 07-06-2016, 12:04 PM   #45
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Maintenance is definitely the key. Actually it's just staying ahead of the little things so they dont turn into big things very quickly. Our PO did just that along with some significant upgrades and our job is to keep up with the little things.

One specific key element is to keep her in the water as much as possible. If hauling plan properly and 10 days out tops to do any below water work.

Our Alaskan hull #28 rewards us every time with great performance, solid construction an memories that will last a lifetime.
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Old 07-06-2016, 04:40 PM   #46
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I'm not a GB owner. They're out of my league.
what's this, Mark?
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Old 07-06-2016, 04:53 PM   #47
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what's this, Mark?

Is that Amadeus?
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Old 07-06-2016, 05:10 PM   #48
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what's this, Mark?
Too much boat.
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Old 07-06-2016, 05:16 PM   #49
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West Coast Listings from Oceanic Yacht Sales

Mark,

Scroll down to the second page of their listing. Their Coot is for sale in Sausalito for $392,000...
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Old 07-06-2016, 05:20 PM   #50
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Is that Amadeus?
If this is what you are asking, then no, it isn't.

Quite different and the tender hides the name.
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Old 07-06-2016, 05:25 PM   #51
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Ray, I know. After the April boat show in Richmond, builder Bill Kimley had KKMI at Pt. Richmond make improvements to the newly-built boat to match those I had done on my Coot. The newer Coot has a revised saloon set-up to be more conducive for liveaboards. It has more gadgets than mine such as genset, washer/dryer, and such.
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Old 07-06-2016, 05:25 PM   #52
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Thanks. Dark hull threw me off, that and a small iPhone screen
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Old 07-06-2016, 05:26 PM   #53
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West Coast Listings from Oceanic Yacht Sales

Mark,

Scroll down to the second page of their listing. Their Coot is for sale in Sausalito for $392,000...
This one takes up the entire 50' slip and then some.
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Old 07-11-2016, 05:48 PM   #54
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Good question that the OP asks, and the GB42 was always my dream boat as a kid growing up and attending boat shows.

A couple of weeks ago I viewed a 30 year old 46' GB in Alabama which could be picked up I'm sure at a good price. My heart felt all sentimental viewing her from the dock. Then I went aboard - viewed the acres of brightwork, teak decks with bulging caulking, twin humongous Cats, 30 year old genset, tight engine space which I could barely reach the filters, and that dark dated interior.

I agree that they are solid and have a wonderful reputation. No offense to all the GB owners out there, but the memories and emotion have completely faded away for me.

Walked away quickly.
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