MID-20TH CENTURY PAINTED CANVAS LIFE RING FROM THE SCHOONER AMERICAN EAGLE,Circa 1940's or later. Life ring painted with American Eagle, New York, with 31" diameter. The fishing schooner was built in Gloucester in the 1930's, originally named the Andrew & Rosalie, and was the last fishing schooner built in Gloucester. In 1941, the boat was renamed American Eagle, by Captain Ben Pine. Retired as a fishing vessel in 1983, the boat was rebuilt in Rockland, Maine. Relaunched in 1986, the ship participated in the Parade of Sail in NY for the Rededication of the Statue of Liberty. The ship is now designated a National Historic Landmark. - 31" diameter. PROVENANCE: Estate of Jim Graham, former Washington, DC, Councilman Estimate $100-150
