ring-andersen

The Struggle to Sell the Ring-Andersen

Last year when I wrote about the donation of the yacht Ring-Andersen to the Virginia Maritime Heritage Foundation I mentioned that it might be sold in a couple of years to raise money. Looks like I was off a bit, the foundation is looking to sell the yacht before the two-year mark has been reached. They have made several attempts to sell the 59-year-old wooden sailing yacht, including listing it on eBay and having a live auction. But it is only those who stop trying that fail so the yacht is again up for auction. It will be back on eBay as of December 27. The auction ends January 6.

[via The Virginian Pilot]

Source

Tags: ebay, ring-andersen, wooden yacht, yacht, yacht for sale

The Ring-Andersen Yacht's New Home

by Deidre Woollard (RSS feed) —

Filed under: Yachts & Sailing

I'm a sucker for a good yacht donation story. The classic sailing vessel shown here, The Ring-Andersen, was recently donated to the Virginia Maritime Heritage Foundation. The Ring-Andersen was originally built as a cargo ship in 1948 but was refitted as a sailing yacht. The ship which has been appraised at $3.2 million was given by an anonymous donor. The ship, which as been used as a charter vessel in the past, may end up being sold within the next few years to provide income for the foundation. For now, the ships is moored in the Elizabeth River next to the schooner, Virginia. The Ring-Andersen may be sold again in a couple of years in order to raise funds for an endowment to provide income for the foundation.

Source

Tags: donation, ring-andersen, sailboat, sailing yacht, water, yacht