Lot Essay
Known as THE Steam Yacht, Corsiar III was designed by the master of the graceful line J. Beavor-Webb and built by T. S. Marvel with the finest job of plating known. The beautiful sheer of her shining black hull, her gilded figurehead and trailboards, and the superb shape of her clipper bow, among other aspects, made her the ideal of a yacht, majestic as well as graceful from any angle. J. Pierpont Morgan owned her exclusively, not only in summers as a floating home near New York, but for commuting to and from his estate on the Hudson River. He often took her to Europe as well, as Mr. Morgan had several homes there. When the United States declared war, J. Pierpont Morgan Jr. turned her over to the Navy, where she was fitted with guns depth charges, and ammunition storage. Eventually, Mr. Morgan ordered a new Corsair (4th), so in 1930 the grand old lady was given to the U.S. Coast & Geodetic Survey, and renamed Oceanographer. She was decommissioned on Sept. 21, 1944, and in accordance with Mr. Morgans conditions was scrapped late in 1944.