This Shipwreck Is FOR SALE for $100,000!?

Be The Captain — A Practical Field Manual for Offshore Sailors Hardcover + instant audiobook: 👉 https://bethecaptain.com/ There’s a shipwreck sitting on the bottom… and someone is asking $100,000 for it. But what is a sunken boat actually worth? In this video, we break down the real economics behind a shipwreck for sale — including salvage value, maritime law, recovery costs, structural condition, and what most people completely misunderstand about wreck valuation. Because here’s the reality: A boat on the bottom isn’t just “treasure.” It’s logistics. It’s liability. It’s materials. It’s law. And it’s risk. We’ll look at: • How salvage rights actually work • What determines the value of a sunken vessel • When a wreck might truly be worth money • Why most shipwrecks are financial traps • And whether $100,000 makes any sense at all This isn’t treasure-hunter fantasy. It’s a practical, real-world breakdown from a sailor’s perspective. If you enjoy deep analysis of boats, offshore risk, and the economics behind maritime decisions — you’re in the right place. Chapters 00:00 The $100k Sunken Schooner 00:53 Why Water Doesn't Rot Wood 01:51 Designed Without Computers 03:18 The Insane 1910 Build Speed 03:47 Restore vs. Build New? 05:53 The "Tally Ho" Reality Check 06:51 The "Filter" Pricing Strategy 07:37 Is It Worth Saving?