When you’re talking about lucky wooden boats, Finesse, a 52-ft auxiliary centerboard ketch designed by S&S and built by Germany’s acclaimed Abeking & Rasmussen yard in Germany, is one of them. She was built of mahogany over oak in 1958 for Cornelius Crane of the Crane Plumbing fortune, who sailed her through the South Pacific for the last 10 years of his life. So she got to see the tropical world.

We’re not sure where Finesse spent the last 45 years, but she’s currently docked at Koehler Kraft of San Diego and owned by CF Koehler, who is noted for loving and restoring wooden boats. Finesse is old and needs a lot of work, but if her luck holds, CF will find the time to do a complete restoration.

Not as fortunate are Dolce Vita and Tondalayo, two once-great yachts we saw the other day at the Opequimar Boat Yard in Puerto Vallarta. We’re guessing that both yachts are about the same vintage as Finesse, and were similarly among the great yachts of that era. But both are in sad shape where the worms that once might have held them together long ago dried up and died. They are sad sights to see, but reminders that life is short and needs to be lived to the limit.

Of course, wood boats aren’t the only kind that go bad, as steel rusts. A few months ago we were down in Newport Beach walking through the Lido Shipyard on the way to see Lloyd Thornberg’s refit Gunboat 66 Phaedo, when we spied a rusty old hull in the shed at the Lido Shipyard. We didn’t pay much attention at the time, but we’ve since been told that she’s the 75-ft centerboard ketch Kamali’i, which was built in Southern California in 1958 for Larry Doheny, grandson of Edward Doheny, who in the 1920s was one of the two or three richest men in the United States.

A couple of years ago we received a letter from a gentleman who said that James Booth of Auckland had purchased Kamali’i and had spent a lot of time and money doing a restoration. The impression we were left with is that she was almost done and about to take off across the Pacific. If that was indeed Kamali’i in the yard at Lido, there was a ton of work to be done on her before she went to sea. In fact, one rumor we heard is that a noted yachtswoman from Southern California was pouring millions into a complete restoration. That would be cool. We’re starting our Christmas vacation a little early, so we’re going to just let that rumor hang in the air until after the first of the year.

Is there a great old yacht in your marina or boat yard? We’d love to hear about it.