EDO 1650's can easily cost $8,000 to $15,000 depending on condition and rigging. This chap says he has blasted, primed and painted his floats, and if they aren't dented or cracked they are easily worth $12,000. They skis are worth somewhere around $2,500, again, depending on the condition. Add the tail ski and you've easily got $3,000 or more invested.
Yep, see, exactly what I was saying earlier.....