Moonbeam III up for auction, who will win it? The starting base is $500,000

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At 3 p.m. today the auction to bid for Moonbeam III, one of the most prestigious vintage sailing boats designed by William Fife III in 1903, began at Artcurial in Paris and you can follow along at this link. Sail number 88, among enthusiasts she is also known as Moonbeam of Fife. She is the third of four boats with the same name and launched between 1858 and 1920. Commissioned by London lawyer Charles Plumtree Johnson, she was born with a yawl rig that was later converted to a cutter. Between the 1920s and 1930s he moved to the Mediterranean, where he won the Course Crosiere de la Mediterranée. It then remained abandoned in France for nearly a quarter of a century. In 1988, at the former Camper&Nicholson shipyards in Southampton, she was restored and began participating in vintage sail rallies. In June 2008 Moonbeam III was in Scotland at the third Fife Regatta. In September of the same year he won in the Epoch Auric A category at Le Voiles de St. Tropez. The craft. whose structure has remained unchanged, is built of teak planking on elm framework; the interior is mahogany. The estimated price is $1.5 million, but the auction base started at $500,000.

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