Can Ship Stealing Decrease Value of Ship?

[Roberts]

Ahoy there,

So this has been on my mind for a while recently I stole a Man-Of-War, its base Value was only 15 Million gold coins and it was level 10 : How does this become possible? Does the Value go down every time the ship is stolen?...

Does it work like this...

Lets say Edward Teach steal's a MoW from Trixikilikili then R0nnie steals it from Edward, Would that decrease the ships value?

Can anyone light me up on this situation?...

[Black sparrow]

It is affected by the marquess bonus. If a marquess levels it up, it will cost 10% less. This 10% is factored into the ship value.

[Roberts]

It is affected by the marquess bonus. If a marquess levels it up, it will cost 10% less. This 10% is factored into the ship value.

Weird... I leveled mine up in Spain when I was a governor and it still cost me 30m?... lol

[Most Lee Harmless]

MoW can go up to around 35mil in value : if you had just used a Ej or EJ's on it, the value doesn't always seem to get added immediately for the new level/levels : seems it can take a while for the new calculation to be done ( server tic?)