Welcome and congratulations, the Old Town canoe with serial number 165993 is a 16 foot long, CS (common sense or middle) grade, Yankee model with a keel. It was built between February and May, 1957. The original exterior paint color was fire red. It shipped on May 14th, 1957 to Fall River, Massachusetts. A scan of this build record can be found below.
This scan and several hundred thousand more were created with substantial grants from the Wooden Canoe Heritage Association (WCHA) and others. A description of the project to preserve these records is available at
http://www.wcha.org/catalogs/old-town/records/ if you want more details. I hope that you will donate, join or renew your membership to the WCHA so that services like this can continue. See
https://www.woodencanoe.org/about to learn more about the WCHA and
https://www.woodencanoe.org/shop to donate or join.
It is also possible that you could have another number or manufacturer if this description doesn't match your canoe. Page 12 of the 1956 catalog at
https://www.woodencanoe.org/_files/ugd/537308_a96ce451056f423fb12d6071ea4cdf7c.pdf has more details. (The Yankee model wasn't listed in the 1957 or later catalogs so this may be one of the last ones made with that model name.) The information at the link below and similar canoes listed at
https://www.woodencanoe.org/classifieds should help you value it. Feel free to reply here if you have any other questions.
Benson
How much is my old canoe worth?
One of the most common questions that gets sent to the WCHA webmasters is "how much is my old canoe worth?" Tim Hewitt's responses over the years have included the following comments:
Any wooden or wood/canvas canoe in usable condition is worth $1000 - $1500. A canoe that is documentable will go on the high end, one that is particularly rare will bring more, up to $3000 for a wood canvas canoe, and as high as $5000 for an all-wood canoe. These high end canoes must be in showroom condition and you must have evidence or documentation of their age and...