1949 Wooden Sharpie Sailboat
I purchased a 1949 wooden Sharpie sailboat 2 years ago that had been restored.
The previous owner invested about $80,000 ten years ago.
I spent $4000 to replace a rotten plank near the the hull in hopes place it in a slip in Annapolis, MD.
Unfortunately, it took in water when launched about 8 months ago and now it is in dry storage at the marina.
Should I try to fix the problem or cut my losses?
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