Wood Sails Dreams EXTRA
The 131-foot schooner yacht Coronet was launched in 1885, and made famous after beating the yacht Dauntless in a $10,000 transatlantic match race two years later.

Since 1995 it was been undergoing restoration at the International Yacht Restoration School (IYRS), in Newport, Rhode Island. In 2006 the Coronet Restoration Partners, a California-based group, assumed the project.