The J Class yachts.
These were used to pitch the might of the British Empire against the precocious American super power. No expense, no effort nor even underhand manoeuvre was spared in gaining the upper hand. These races for the America's Cup personified everything about the Edwardian era including, or even especially, reckless excess.
When the dust settled after the Second World War, all this had become an irrelevance; society and the social scene had changed so much that nothing like them could ever been seen again. The boats themselves retired to become house boats, stuck in the mud around our coasts with their classic hulls peeping out from under the crude corrugated iron additions to their cabin houses.
As a child, family folk lore was filled with stories from Grandad and his friends about their time as paid hands on these boats. On walks beside the Blackwater Estuary in Essex, we were shown the decaying hulks and every time he would comment, "Beautiful aren't they?" but always added "you'll never see the likes of these sailing - no one will ever have that much money again".
If only he could see them now! Not only have all the old hulks been restored (sometimes only saving the name board in the rebuild!) but there has been a flurry of building new ones, including many that had originally been deemed too expensive for even the likes of the Vanderbilt family, at the heart of their powers, to consider. They no longer race for national glory, their design outdated by carbon fibre and titanium, but their owners lavish tens of millions of pounds on them solely because they agree with Grandad; "beautiful, aren't they?"