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If the wooden mast is varnished you have a chance of knowing its condition ...if its painted its far more difficult.
There are lots and lots good boats built in the far east.
One big ticket item with older boats is the fuel and water tanks....they may be fine now but if they need replacing, it sometimes means tearing out a lot of that beautiful wood work.
The picture below was my beautiful galley after getting to the tanks.
My new aluminum mast and standing rigging was $25,000 in 2003
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James
S/V Arctic Lady
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