This pond yacht is one of a range of yachts sold by Hamleys of London between the wars. They are quite distinctive with their unique steering gear. This model is known as the "reg no" as it had REG stamped on the bottom of the keel and had a REG.771594 Union Jack transfer on both sides of the keel.
This particular yacht has been overvarnished so she has been sailed.  However, it is unusual to find one complete with its original rig.
The hull has its original paintwork which is in great condition with just a few marks. One transfer is perfect and the other has one small mark.
The deck is in good order with its original finish and all the deck fittings including the steering gear are original.
The sails and the spars are original and in very good condition for their age.  All the spars, hooks, and bowsies are original.
This yacht does not require a stand as it stands on its keel.
It is rare to find a yacht such as this in such great condition.