- 1949 - 1960 Pegasus
- 1960 - 1996 Sea Victor
HILTGUND was designed by Karl Martens and built by Mattiesen & Paulsen in 1938 near Kiel as part of the German Naval fleet and was originally a racing yacht for naval personnel.
After the Second World War, she arrived in England as part of the fleet of yachts which was requisitioned as war reparations (known as the windfalls). By 1949 she had been renamed PEGASUS and was owned by the Royal Naval College at Dartmouth.
Later, in the 1960s it is believed she was stationed at the Royal Naval Barracks at Portsmouth and known as SEA VICTOR. By the mid 1960s she had passed into private ownership in the Isle of Man and was bought by Nigel Gilkes in 1977 as an empty hull. After remedial work she was certified as seaworthy in 1980.
In 1984 she was up for sale and particulars issued by Ancasta Marine Brokerage of Gosport show a good inventory of sails, new spars, an engine and downstairs accommodation for 5 people. Her owner in 1990 was Malcolm Brown and she passed to Peter Wilson in 1996 who comprehensively rebuilt her at the Aldeburgh Boatyard in Suffolk and reverted to her original name HILTGUND.
Since 2001 she has been cruised and raced by her current owners on the West Coast of Scotland.
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