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The Coronet, (Wooden Hull Schooner Yacht) built in 1885, is one of the oldest floating schooner yachts in the world.
Rufus T. Bush, a New York manufacturer, built the boat in 1885 and sailed it across the Atlantic Ocean the next year. In 1886 he won his first race across the Atlantic in the boat, making the trip in 14 days. After Bush's death in 1890, the boat passed through six different owners Arthur E. Bateman, John D. Wing, Arthur Curtiss James, Fred S. Pearson, John I. Waterbury, and Louis Bossert by 1905. The Coronet circumnavigated the globe several times and was used for a Japanese-American scientific excursion during an eclipse.
The Kingdom, a religious organization founded by Frank Sandford, purchased the ship in 1905 for $10,000 and took it around the world on prayer missions, including to Palestine. The Kingdom owned the boat until 1995. The International Yacht Restoration School, in Newport Rhode Island acquired the boat in the 1995 and began restoring of the vessel. IYRS added the Coronet to the National Register of Historic Places in 2004. In December 2006, IYRS transferred the boat to the Coronet Restoration Partners in San Francisco to complete the restoration.
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