21 July 2008

Collectors Foundation Announces Final Sale of the "Build-A-Boat" Auction

Traverse City, Mich. (Monday, July 21, 2008) - A 14’ foot 1950’s era Chris-Craft Zepher kit boat completely assembled by Hagerty Classic Marine Insurance—the originator of insurance coverage for classic wooden boats—recently sold on eBay for $6,501.00. The proceeds from the Zepher kit boat donated by Jim Shotwell, owner of James Craft Company, will be used by the Collectors Foundation to provide scholarships for students who wish to pursue a career in classic wooden boat restoration.

“This has been a wonderful display of generosity all around, particularly from Jim Shotwell and Hagerty’s staff,” said Bob Knechel, Executive Director of the Collectors Foundation. “We want to thank the team at Hagerty for their generous donation of time in putting together this boat. From the time the gift arrived in boxes to the day a truck arrived to take the sold boat to its new owner in Virginia, many hands and hearts came together to make this a significant financial contribution to the Collectors Foundation.”

The kit boat assembled by Hagerty Classic Marine was powered by a vintage 1950’s era 35 horse power Johnson outboard and came with a new trailer.

In addition to awarding grants to several maritime museums around the country for educational programs for youth, the Foundation currently funds scholarships at The Landing School of Boat Building and Design, Kennebunkport, ME; Northwest School of Wooden Boat Building, Port Hadlock, WA; Great Lakes Wooden Boat School, Cedarville, MI; the International Yacht Restoration School, in Newport, RI; and funds an internship at The Center for Wooden Boats, in Seattle, WA.

Collectors Foundation is a 501(c)3 public charitable foundation funded by collector vehicle and classic boat enthusiasts to serve young people - the next generations of collectors. More information about the Foundation can be found on its website: www.collectorsfoundation.org or by contacting its executive director, Bob Knechel, at bob@collectorsfoundation.org.