Gel Coat peeling

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J

Jay

We are looking to buy an older Cat 22 or 25 and I have come across something I have never seen. On the side of at least two boats (a 79 '22 and a 78 '25) near the water line what looks like the very outer layer of the gel coat is peeling. It kind of looks like after you have had a big spot skin peel from sunburn with the rough edges all around (sorry best decription I could come up with) My question is this some thing to be worried about structurally or is it just cosmetic and any suggested fixes. Thanks in advance for you help Jay
 
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