HMS Egmont was a 74-gun third rate ship of the line of the Royal Navy, launched on 29 August 1768 at Deptford. She was designed by Sir Thomas Slade, and was the only ship built to her draught. Egmont was part of the squadron commanded by Admiral John Gell which escorted a Spanish ship they had captured from the French back to Portsmouth. The ownership of the Spanish ship was a matter of some debate and was not settled until 4 February 1795 when the value of the cargo was put at £935,000. At this time all the crew, captains, officers and admirals could expect a share of the prize money—Admiral Hood's share was £50,000. Besides Egmont, the ships that escorted her into Portsmouth were HMS St George, HMS Edgar, HMS Ganges and HMS Phaeton.