Speculator Reborn as Bear Boat
by Bonnie Sue Schloss
In 1986 I decided to buy a boat. I figured something in the 30
foot range was what I wanted. I saw a used J/30 advertised for sale
and went to take a look at it. It was a well-raced boat, and not
exactly what I would call aesthetically pleasing. So I let my head
be turned by a lovely little Swedish boat, and I soon became the
proud owner of Bear Boat an Omega 30. For the next eight years I
was to be constantly barraged with the question "why didn't you
buy a j/30?" The situation became worse and worse until I finally
started asking myself the same question. In the fall of last year
I ran out of excuses, and finally decided that it was time to "just
do " it"."
I figured that since I had made the decision to buy a J/30 the
rest was going to be easy. Wrong. I of course expected the world
to come running to my door begging me to take their used boats off
their hands at incredibly low prices. Well, miracles do happen,
after all Bear Boat and I had actually won a couple of races.
I began the search at the boat show when I started telling everyone
I knew about my intentions. I got two immediate responses. Peaches
and Speculator were both for sale. I went to look at Peaches that
weekend, and two days later it was sold. Scratch one. Speculator
I found out was listed at $48,000. Scratch two. Next I heard that
Jimmy Allsopp was interested in selling his boat. So I went to take
a look. All I could see was her bottom as she was being painted
for frostbite. But rumor had it that she was definitely a fixer
upper and unfortunately I was not a fixer upper. Back in the prehistoric
days when I was going to school, little girls were not allowed to
take shop. So when my peers of the opposite sex were learning how
to handle tools and fix engines and other useful things I was learning
how to bake cookies.
I got a call from a yacht broker telling me about a great boat
in New York state that was in terrific shape and was an incredible
bargain. It was still early in the game and I wasn't interested
in venturing into foreign countries like New York to buy a boat.
And then I came across a real problem, I found out that J/30's had
two different cockpit arrangements. Options can seriously complicate
life, and here I was already faced with a crucial decision. To cockpit
or not to cockpit that was the question. The earlier boats without
seats and cockpit coamings were going to be more reasonably priced,
and easier to find. It was therefore obvious that I had to like
the other arrangement much better. So I made the decision to complicate
my life and buy a later model boat, which severely limited my options.
At this point I decided that having more options might not be such
a bad thing.
It was around this time that I heard a rumor that the price on
Speculator had been dropped to $40,000. I still considered this
out of my price range, but I figured it didn't stop me from looking.
So I called Larry Potter who owned the boat, and he was not only
willing to show it to me, he offered to take me for a sail. So I
gathered a few friends and we went down to the yard to meet Larry
and go sailing. When I got to the boat the first thing I noticed,
it would be impossible not to notice, was the large red stripe around
the boat. I developed an immediate aversion to the large red stripe,
but decided to go sailing anyway. It was a lovely fall day with
light winds and we put up the main and the number one.
The boat had Ockam instruments which was sort of fun, but of questionable
legality under class rules, and they didn't seem to be telling us
the truth either. Then as we were sailing around out there we were
passed by a Pearson 30. The boat actually seemed to be in good condition
but the sails weren't and the bottom hadn't been cleaned for a long
time which was probably what had made it go so slow, and of course
there was that ugly red stripe. The search continued.
I called Bob Rutsch at the J/30 Chesapeake Fleet who sent me lots
of J/30 type information and gave me a few suggestions about boats
that were available or might be available. Finding my new boat close
to home didn't seem to be a possibility, and I called what I thought
would be the most promising name on the list. I was soon talking
to a man in New York City named Arnold Zeigle. The more we talked
the more excited I got. This had to be my future boat! The boat
was a lovely shade of white, with just a thin blue pinstripe. It
seemed to have everything on it that I could possibly hope for,
and more-- a decent set of instruments, autopilot, radio, shore
power and hot water.
The owner talked about her lovingly and I just knew he had taken
good care of her. He also told me that he had accepted an offer
of $35,000, but the deal had fallen through. I called the broker
involved who had more nice things to say about the boat. He did
say that the offer that had been accepted before was $37,000. But
he was a broker and I figured that it was his job to try to jack
the price up.
The next day I was on the phone with Bill Mies who my boat was
listed with. I figured it was better to have one yacht broker dealing
with another one, and within days we were writing up an offer on
the boat named Metaphor; and I was making plans to go see her. I
learned that the boat's keel and rudder had not been faired, a necessity
for racing one design, and then I found out what fairing would cost
me. I also found out what bringing her down here would cost and
started thinking that maybe it wasn't such a great deal. And then
there was the question of the sails, which I found out weren't quite
as good as I had been led to believe. My offer was not accepted
(the first ones never are), and I decided not to make another offer
on it.
So I called Larry back and asked him if I could have my sailmaker
look at his sails. He said sure, so I took Petey from North over
to the boat. He took a look around and said, "wow this is a great
boat in great " condition, but you'll need a new traveler, a couple
more winches, the foreguy needs to be run to both sides, and by
the way the sails are beat." i called " Larry again and told him
what the sailmaker had said. He told me the sails were not that
bad and the sailmaker was just trying to make a buck. I tried to
get him to talk to me about what he really would sell the boat for,
but he wanted to play the game. You know, make me an offer and then
I'll make you an offer, etc.
The next boat on my list was Kestrel which had sailed in Solomon's.
I had been ignoring this boat because I figured he didn't have class
sails and the boat had no instruments to speak of and no extras
and was listed at $36,000. But you never know until you try, so
I called the owner, only to find he was not the owner any more.
He had bought a new bought and the dealer had taken the J/30 in
trade. So I called the dealer and went to take a quick look at the
boat. It was very cold the day I went to look at the boat, and I
think my brain was half frozen; I thought it didn't look too bad.
I made an offer on Kestrel and the broker and I settled on a price
of about $26,000. I knew the boat needed work but at that price
I figured I could hire someone to do it, I thought I had gotten
a good deal. So I called Dick Stimson, friend and surveyor extraordinaire,
and we went to Havre de Grace to do a survey. The first thing we
found was gelcoat blisters, bad start. Dick checked the structural
stuff and I had a good look around. It was filthy, but dirt can
be cleaned. The tiller was bashed in, the compass and knotmeter
were broken, and the loran and depth sounder weren't working. There
were lots of holes in the deck which had been patched with anything
handy at the time. There was large patch on the hull and of course
the color didn't quite match. So I told myself I was buying a race
boat, pretty wasn't supposed to matter, and I really had wanted
a complete set of KVH instruments. The boat was beginning to look
like less and less of a bargain. Then Dick found the holding tank.
When he announced that it was still half full I felt my stomach
turn. This was not going to be my boat.
It took me about 24 hours to decide to stop looking for a bargain
and buy a well maintained boat. I called Dick and asked him when
he could go to Connecticut with me to check out Metaphor. Then I
called my sister who has a boss with an airplane and he agreed to
fly us up. The day dawned for our trip complete with snow warnings
in the Northeast. Trip canceled. I decided to call Larry back and
try playing his game. I offered him $32,000 and got a lot of silence
back. I told him this was his game but in truth I was hoping to
get the boat for $35,000. He said he would think about it and get
back to me.
We planned another trip to Connecticut. More snow. I decided to
take a more reliable form of transportation, but as I was on my
way to Key West race week, the trip would have to wait. Dick and
I made definite plans to drive up the weekend I returned. I flew
to Ft. Lauderdale for the race to Key West. We were docked at Lauderdale
Yacht Club when a J/30 pulled in behind us, also doing the race
down. I immediately ran up to the owner and asked if he knew anyone
selling a J/30, and he said his was for $40,000. Several people
told me to stay away from the boat owner and any boat he might own.
When he never made it to Key West I figured this was good advice.
We did get to Key West and on my arrival I phoned my answering machine
and got the word that Metaphor had been sold. None of this was working
out as I had planned.
Back to the drawing board. When I got back to town I called everyone
I knew looking for suggestions. Racing Bear Boat again seemed the
best idea anyone had, after all she was at the top of PHRF C this
year. But I have a stubborn streak and I had made up my mind I was
going to be sailing a J/30 this summer. I took Dick to lunch and
since it was his slow time of year he agreed to take a look at Speculator's
bottom. He took out his little hammer and tapped for a good long
while. The bottom was in real good shape he said. Then we stopped
at J/World and lo and behold as we walked in, there was a woman
from North Carolina on the phone who had a J/30 she wanted to sell.
I asked for more information as soon as possible on the boat and
went home and called Larry. "weren't you going to get back to me?"
I asked. He made several excuses and told me he wanted $38,000 for
Speculator. I told him I would get back to him.
Information on Blueprint, the boat in North Carolina, was slow
in coming, and spring was coming fast. I put an offer on her hoping
to speed up the process, and called Dick to see if he could go to
North Carolina with me in two weeks. I also called my personal airline
service figuring March in North Carolina was much less risky than
December in Connecticut. It was all set except I never got a counter
offer. In total frustration I called Larry and said let's split
the difference I'll give you $36,500. He said he'd think about it.
This time he thought quickly and left me a message the next day
saying I could have it for $37,000.
So now I am the proud owner of a J/30 with a big ugly red stripe.
And I'm thrilled to death, mostly because the ordeal is over and
I finally have a J/30 to call my own. She's a good boat in great
shape and I am in debt up to my ears. And it gets worse everyday
as I figure in the cost of the new sails and new equipment and all
the little fixes she needs. But we've been out sailing on her and
she's worth every penny I don't have that I've spent on her. The
stripe may have to stay for a couple of months but when I can get
her painted and have her new name "bear away" put on her sides she
will truly be the boat I have dreamed about all winter long.
See you on the race course.
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