Overstock boat auction to be held at CBMM

Boat Auction

Boat Auction

This Grampian 30 family cruiser is part of a new sealed-bid boat auction at the Chesapeake Bay Maritime Museum in St. Michaels. Because of a large number of recent boat donations, up to 20 in-the-water boats will be auctioned off to benefit the nonprofit museum, with a preview of the boats available at the museum’s waterfront campus beginning on Thursday, April 28.



Posted: Monday, April 4, 2016 6:00 am
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Updated: 2:46 pm, Mon Apr 4, 2016.

Overstock boat auction to be held at CBMM

ST. MICHAELS — In continued support of its Charity Boat Auction program, the Chesapeake Bay Maritime Museum is holding its first sealed-bid boat auction. Because of a large number of recent boat donations, up to 20 in-the-water boats — ranging in size and performance from cabin cruisers and sport fisherman to sailing yachts — will be auctioned off to each boat’s highest bidder.

The boats will be available to preview at CBMM beginning on Thursday, April 28, and continuing during museum hours until all sealed bids are due at noon Sunday, May 1. The museum’s daily hours are 10 a.m. to 4 p.m. in April and 9 a.m. to 5 p.m. in May.

“We’re in the wonderful situation of having recently received in donation an overwhelming number of in-the-water boats, for which we lack the space to dock them,” said CBMM Boat Donation Program Director Lad Mills. “So we’re looking to find good homes for them to make room for our summer marina guests, as well as future donations.”

A suggested value will be provided for each boat. Sealed bids will be opened on Monday, May 2, with all successful bidders then notified of their purchases. Auctioned boats are sold as is, and must be removed from CBMM’s docks no later than 4 p.m. Saturday, May 7. The museum will process all taxes and the transfer of title and registration for each successful bidder.

Throughout the year, Mills and CBMM Boat Donation Program Manager Todd Taylor travel up and down the East Coast working with boat owners, yacht brokers, marinas, boatyards and other donors and potential buyers, to support the museum through boat donations and sales.

“(All) of the revenue generated by our auctions goes directly toward helping the museum’s educational programs and restoring and preserving its historic structures and boats,” Taylor said. “Each sale helps the museum do great things for the people we serve.”

The spring overstock auction is in addition to CBMM’s annual Labor Day weekend live auction on Saturday, Sept. 3, when more than 100 boats will be on land and in the water for the highest bidders to take home. Proceeds from both events benefit the children and adults served by the museum.

The list of available boats, along with additional details and official rules, can be found at www.bit.ly/buyaboat, or by contacting Lad Mills at 410-745-4942 or lmills@cbmm.org or Todd Taylor at ttaylor@cbmm.org or 410-745-4990.

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Monday, April 4, 2016 6:00 am.

Updated: 2:46 pm.


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