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Lucky Lady B-25 For Sale

Thu Sep 25, 2014 6:16 pm

SALE B 25 • $70,000 • ACCEPTING OFFERS • 1944 NORTH AMERICAN B 25 J MITCHELL PROJECT GREAT OPPORTUNITY !!! To buy part of the History ... "Lucky Lady" is for sale. Solid project with some missing parts used for other restoration. The plane is a very good project. Is at the Franklin VA airport. Sold AS IS. Contact Tom shelby 757 516 8383 • Contact Gus Alauca - ALAUCA INVESTMENT GROUP LLC, Owner - located Coconut Creek, FL USA • Telephone: 305 454 1249 . • Posted September 25, 2014 • Show all Ads posted by this Advertiser • Recommend This Ad to a Friend • Email Advertiser • Save to Watchlist • Report This Ad • View Larger Pictures

Saw this on barnstormers.com, don't have anything to do with it but thought it was neat.

Re: Lucky Lady B-25 For Sale

Thu Sep 25, 2014 6:56 pm

The story continues! So how much of it was removed for "other restoration" (Huaira Bajo, presumably)?

Re: Lucky Lady B-25 For Sale

Fri Sep 26, 2014 7:58 am

She wasn't on the ramp when we were over there for the local CAF pancake breakfast last month; it looks like she's been put into one of the hangars there. I sent the link over to the Old Dominion CAF folks to see if there might be interest... I'll try to get it over to Jerry Yagen as well. If it's somehow kept local, I know there's a bunch of us who would LOVE to help work on her!

Thanks for the link!

Lynn

Re: Lucky Lady B-25 For Sale

Fri Sep 26, 2014 11:27 am

Here is a picture, linked from the Trade A Plane listing:
Image

Re: Lucky Lady B-25 For Sale

Fri Sep 26, 2014 11:46 am

It's intriguing to me that we have Barbie III for sale for a million, and this one is only for 70k. Now granted, one is a flying H model and the other is a static J at the moment, but cmon! Thats still a very wide price gap.

Re: Lucky Lady B-25 For Sale

Fri Sep 26, 2014 2:48 pm

Over the years I have crawled around, over and under it while it rotted away at FKN. Have heard many a story about it. I am by far no expert on B 25's but I would think 70k is a decent price for it. Depending on what was removed of course. I do wonder about the corrosion as it sat right next to a paper mills stacks for a decade or more with the bomb bay doors open and there has to be a ton or more of bird crap inside it.

Anyone know what happened to the PT 26 that was rotting away with her? Its gone from the ramp too.

Re: Lucky Lady B-25 For Sale

Fri Sep 26, 2014 10:07 pm

lmritger wrote:She wasn't on the ramp when we were over there for the local CAF pancake breakfast last month; it looks like she's been put into one of the hangars there. I sent the link over to the Old Dominion CAF folks to see if there might be interest... I'll try to get it over to Jerry Yagen as well. If it's somehow kept local, I know there's a bunch of us who would LOVE to help work on her!

Thanks for the link!

Lynn

Why would Jerry want a heavily damaged and stripped out B-25, when he already has a flying one and has many other projects waiting to be restored?

Re: Lucky Lady B-25 For Sale

Sat Sep 27, 2014 7:09 am

Because Jerry can trade it to someone else or hold it while it appreciates.....

Difference between this and Barbie III? Oh about $1.5Mil in work....

Mark H

Re: Lucky Lady B-25 For Sale

Sat Sep 27, 2014 7:06 pm

P51Mstg is probably close on the money here. unless by some amazing chance the corrosion is at a very minimum. You would probably have $250k in engines, props and hosing etc.

Re: Lucky Lady B-25 For Sale

Sat Sep 27, 2014 8:19 pm

A moment of clarity came to me on this subject. The truth is it has been sitting outside all of its 70 years. And much of it was in South Florida and probably places in the Caribbean.
It's worth about the same as a forlorn B-25 sitting outside in South America somewhere. I would pay $25k tops and would be more interested if it were in the 10 to 15K range. There was a B-25 that sold in south Alabama a few years back for $15k . It was rotten but the engines would run.

Re: Lucky Lady B-25 For Sale

Sat Sep 27, 2014 10:31 pm

P51Mstg wrote:Because Jerry can trade it to someone else or hold it while it appreciates.....

Difference between this and Barbie III? Oh about $1.5Mil in work....

Mark H


Cherrybomber13 wrote:P51Mstg is probably close on the money here. unless by some amazing chance the corrosion is at a very minimum. You would probably have $250k in engines, props and hosing etc.


I highly doubt it will appreciate. Before it was bought, it was a whole plane that needed restored, but nobody would touch it due to the condition it was in. Now it has had all of its rare and hard to find features removed from it. So now, what once was just a restoration job, requires parts to be reacquired and restored. I would bet money that the 70K asking price is around the same price they paid for it. I also doubt they will get 70K for it.

Unfortunately, I believe she will be further stripped down to be used in other restorations.

Re: Lucky Lady B-25 For Sale

Sun Sep 28, 2014 1:09 pm

The ad on Barnstormers shows "Sale Pending" .............
Looks like someone bought a project or a bunch of parts.
This will be interesting to follow and see what comes of it.

Re: Lucky Lady B-25 For Sale

Mon Sep 29, 2014 10:04 am

I know you guys are right- the poor thing's been sitting out in unfriendly weather for years and it would take a crap-ton of money to get her right again, and Jerry isn't the sort to throw good money after bad. *shrug* It would be nice to see her back in good shape again, but someone would have to be willing to look at it as a long term investment, not one they could sink $$$ into and immediately flip for break-even or a profit. Doubtful that would happen, but hey, hope springs eternal right?

Lynn

Re: Lucky Lady B-25 For Sale

Mon Sep 29, 2014 11:11 am

Planes in a lot worse condition have been turned into beautiful museum statics. Hopefully there's a good future for this plane even if it's not back in the air...
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