In October 1799 she was employed in carrying about £ in bullion and coin (equivalent in value to £ in ), from Yarmouth to Cuxhaven in order to provide Hamburg's banks with funds in order to prevent a stock market crash and, possibly, for paying troops in North Holland. In the evening of 9 October 1799, during a heavy northwesterly gale, the ship under Captain Lancelot Skynner, having made unexpected leeway, was drawn by the tidal stream flowing into the Waddenzee, onto a sandbank in Vlie off the island of Terschelling, in the West Frisian Islands. There, she became a total loss. All but one of her approximately 240 passengers and crew perished in the breaking seas.