I've met up with a guy (Finnish, raised in Oz, in Asia for 25 years) who is working on an export deal for a significant quantity of it. Does the surely faster growth rate of second growth teak contribute to its inferiority, similarly to southern yellow pine, many cedars, and douglas fir? I did a bunch of hiking and spelunking in the late eighties in the hill tribe areas outside Chang Mai. I'm sure it does -- plantation oregon from NZ, while still oregon, is not as good a timber as old-growth timber from the Americas.
The last piece of teak I bought was a verandah chair, and it wasn't really good enough even for that.
Going back to the piece of Burma teak I mentioned in Post #2, it was jealously hoarded and used only for the best of projects -- left- and right-handed boathooks for a chap in Texas, name in gold leaf on each, etc, a jackstaff for the USN ready to fit their bronze eagle to, and a few other special projects as well.

Not to ruin your day or anything, but here in its native habitat, that hunk of DF would probably wouldn't be given a second look. One of the most enduring qualities of an old wooden boat is the smell it imparts to your clothing. As a general rule, the better it felt when you said it, the more trouble it's going to get you into. The stickiest substance I know of is glace syrup, for making glace fruit for fruitcakes and such. To give you some idea about the price of bronze fittings, my last load of bare bronze rod ran $15.00 a pound. I believe it's a Buck-Algonquin product; so you'd be supporting, make that 'stimulating', the domestic economy two ways.

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Plantation Teak grown in the Caribbean is just about useless for anything other than deck furniture. It had been used half-green, and checked badly in the arms after a year or two despite lashings of oil.

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