This coloured lithograph gives a starboard broadside view of the cutter yacht Phantom, winner of several regatta cups and prizes in 1853, as detailed in the inscription. She is under full sail, close hauled, on a port tack in a light wind. Various other yachts can be seen, named as Avalon on the far left, then Una, with Sheldrake being on the far right. A flat shoreline is visible in the background.