The trouble with government auctions is that often the boats have been in sub standard storage for a number of years. Note the dirt and mold on the deck. Another problem is that they are often stripped of anything that can be hauled off and sold or reused. I am shocked to see the fenders and the inflatable are still there.
If you are interested in the boat follow the auction, it will probably go significantly higher but you are right, the "Cats" are worth more than that.
pete
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