FWIW I believe I remember a 53' or 58' which had badly burned and basically the hull was for sale. $12K asking price, sold for what, I don't know.
Unfortunately some of these really rough vessels are worth a dollar, maybe less. Truth be known however, if you have the skills and the sweat equity, a less than perfect vessel, but better than "hull" value and the associated lower price is the only way some of us "poverty class" owners can afford the entry fee to the Hatt world.
E.g., I have a life-long habit of working hard to avoid work later or to save money. The cruise director and I just finished a custom fitted winter cover canvas enclosure for outside storage of our 43'MY. It fully encloses the aft deck, the fwd windows and the salon down to the gunnel all around. This save funds vs. shrink wrapping, since we will have basically zero cost each fall, other that the drive time to the on-the-hard site. The installation is quicker than shrink wrap as it zips up and/or snaps into place and is now about 4 hours start to finish, maybe less.
Yes, we had to invest about $1K in a high end Sailrite sewing machine, but we use it like crazy for many items, and it will sew everything short of a non-cored Hatt bottom or sheet aluminum. We also bought about 15 rolls of Joann fabric marine grade canvas, at reduced cost when they had big markdown sales. At 10 yards/roll x 52" wide, that's about 400 lineal feet of canvas. Total canvas cost probably $700-800.
Also it saves money vs. inside heated or cold storage (about $3-4K/yr), plus allows me full access spring and fall, since the big marinas won't let you in the barn anymore.
Did I mention we had a great time making that cover? It was like aerobic exercises...up, down, over, back, repeat. Old saying, a day messin' about in a boat yard, beats anything else. Messin' about includes working in cold rain, a little muddy ground, windy..., but there are many great weather days too!
Sorry got so far off the thread, but it Sat. am.