RedactedNarrative: The operator was delivering a newly purchased vessel from Florida to New Hampshire. After fueling the vessel in New Jersey the night before, they left for NH. Due to the severe conditions, the operator was hugging the shoreline. With GPS running he did not see the reef until it was too late. The operator relayed on the VHF radio that he was taking on water. Marine units responded and took the two occupants off the sinking vessel. The vessel was taken off the reef by a large wave and sunk. No Injuries. Vessel was a total loss.