Britannia ' s Old Skipper says Goodbye to doomed Yacht at Cowes Sale The sails , spare gear and equipment of the late King George ' s famous yacht Britannia , was sold at the Minerva Yard , East Cowes . The yach , by order of the King is shortly to be towed out to sea and scuttled . Photo Shows : Captain Turner , former skipper of Britannia , walking by the doomed yacht with his wife on the way to the sale . 24 Jun 1936 *** Local Caption ***