Basic Information

Price: $59,000 USD
Category: Classic Yacht, Cruising Ketch, .
Model: Gaff Headed Ketch
Model Year: 1931
Year Built: 1931
Year Refit: 1970
Refit Type: Frames and Planking

Bradford Marine Yacht Sales
Phone: 954-377-3900
Email: sales@bradford-marine.com
Fax: 954-377-3901



LOA: 54' 0" (16.46)
LOD: 39' 9" (12.12)
Beam: 13' 0" (3.96)
Max Draft: 5' 5" (1.65)

Speed, Capacities and Weight

Water Capacity: 20gal (76ltr)
Water Tank Material: Plastic
Fuel Capacity: 30gal (114ltr)
Fuel Tank Material: Plastic


Total Cabins: 2

Hull and Deck Information

Hull Material: Wood
Deck Material: Teak
Hull Configuration: Long Keel
Hull Designer: SS Crocker

Engine Information

Manufacturer: Westerbeke
Engine Count: 1
Fuel Type: Diesel
Engine Type: Inboard
Propulsion Type: Direct Drive
Horsepower Engine 1: 58
Engine 1 Hours: 829


Expiration Date: 6/30/2019 12:00:00 AM

Location of Vessel

San Pedro, California United States



A beautifully appointed gaff headed ketch, designed by SS Crocker and built in 1931 by William and Thorwald Oleson . She’s cruised the Galapogos and Central America, voyaging as far as Peru during extended cruises 1956-59 and 1963-71. Dubloon has been in the same family since 1956, and we are now offering up this historic vessel to new stewardship.

Construction and History

Frames and planking were replaced during a restoration in 1970 in Costa Rica. Frames are of 3″ x 2 1/2″ bent oak on 10 1/2″ centers with purple heart cap frames and planking of louro negro (black laurel, similar to Douglas fir) 

Floors: 6 1/2″ x 14″ Douglas Fir on 10 1/2″ centers

Fasteners: iron boat nails and bronze screws

Backbone: 12″ x Douglas fir stem and keelson

Decks: 1 3/4″ teak over 3/8″ marine plywood and seamed full dimension

Clamps/Shelf: 2″ x 9" fir with 7″ x 7″ doublers at chains

Rudder: stacked and drifter fir on bronze post and gudgeons

Keel Ballast: cast iron

Rig: Spars hollow fir (main) and solid fir (mizzen) Standing rigging is stainless steel 7×7 with spliced and served or mechanically fastened terminal ends

The decks are teak, and new. The cabin sides are Honduras mahogany. Top timbers and covering board are purple heart, and the sheer plank plus plank below are of Douglas fir. Deck beams, top timbers, rail caps and sheer planks were all replaced during a second restoration between 1998-2005.

Dubloon was designed by S.S. Crocker, and built at the Wm & Thorwald Oleson boatyard in Wilmington CA for her first owner, who named her Lakme. There were a total of four owners before she was purchased in 1956 by the grandparents of her current steward, and they cruised her to the Galapagos, all over Central America and as far as Peru between 1956-1959 and 1963-1971. She still sails – and races – in Pacific waters several times a year.


Enter via the companionway ladder from the cockpit and the chart table with engine compartment below is immediately to port. A large single berth is also to port and a lee berth is to starboard. Storage is aft, below the cockpit, and additional small storage lockers are located on the bulkhead forward. Moving towards the bow, the head compartment is to starboard. There are two access doors to the compartment, which comprises a manual head and a washbasin.

The galley is across to port, followed by a large dining table that has bench seating with fold-down backs to accommodate more length for the portside forward berth. Two berths are forward of the table, port and starboard, and a ladder is starboard for access via a large hatch to the deck. The forepeak is separated from the forward berths by a bulkhead and is accessed from outside by a deck hatch.

Bronze opening ports provide ventilation and light, the overhead in beamed with varnished mahogany and the wood throughout obviously has been cared for over decades. There are good deep storage lockers, and numerous smaller drawers and compartments. 


  • Eye level storage lockers with leaded stained glass doors
  • 4-burner Force 10 propane stove
  • 12-v Isotherm refrigerator
  • Corian counter tops with single deep molded corian sink 


Auxiliary power is provided by a Westerbeke 58 hp diesel with 829 hours that was installed new in 1987. Access to the engine is via the hinged chart table centerline aft.


  • AC with shore power cord
  • Newmar 3-stage battery charger
  • 2 banks x 2 6-v AGM batteries (2 x 12-v systems)

Rig and Sails

  • Gaff-headed ketch rig
  • Re-rigged and both masts dropped and painted in Sept. 2016
  • Traditional 3-strand spliced rigging replaced over 10 years
  • Mainsail
  • Main topsail
  • Main staysail
  • Mizzen sail
  • 110% genoa
  • Numerous spare sails
  • Bronze turnbuckles

Decks and Additional Information

  • Custom bronze davits
  • 10′ lapstrake fiberglass rowing dinghy
  • Bronze stanchions
  • Bronze ports
  • Simrad autopilot
  • Huge collection of spares/sails/anchors/extras

Contact Bradford Marine Yacht Sales

    Your Name (required)
    Your Email (required)


    Your Message


    This listing is courtesy of the BoatWizard MLS and may be centrally listed with another broker. It is offered as a convenience by this brokerage to its clients and is not intended to convey representation of a particular vessel.

    Bradford Marine Yacht Sales, Inc. provides the yachts for sale vessel description information contained herein as a convenience to the website user and does not in any manner warrant or otherwise guarantee the accuracy of such information. Some featured yachts for sale vessels are not for sale to U. S. citizens while the yachts in U.S. waters. Buyer assumes responsibility to verify all speeds, capacities, consumption's and other measurements contained herein and otherwise provided and agrees to instruct his agent/s to confirm such details prior to purchase. Vessels are, prior to sale, subject to price and inventory changes and withdrawal from market without notice.