Issued by Grenada in August 1973, this ½ cent commemorative celebrates the annual Carriacou Regatta, one of the Caribbean’s most vibrant traditional sailing events. The design features elegant racing class yachts under full sail against the island seascape, reflecting Grenada’s deep maritime heritage and boat-building traditions. Printed during the Elizabeth II (E II R) era, the stamp is part of a thematic series highlighting local culture and sport. Popular with collectors of ships & boats, Caribbean themes, and sports/regatta issues, it remains a visually appealing and culturally significant 1970s Caribbean commemorative.