HMS Peregrine Galley was a 20-gun sixth-rate ship of the Royal Navy, built in 1699-1700 at Sheerness Dockyard by Master Shipwright William Lee to a design by Rear-Admiral the Marquis of Carmarthen. She was generally employed as a Royal yacht and in 1716 she was officially renamed HMS Carolina and converted to a permanent Royal yacht. In May 1733 she was rebuilt by Richard Storey at Deptford Dockyard as the Royal yacht and again renamed, this time as Royal Caroline. In 1739 she ceased to be the Royal yacht and resumed her classification as a Sixth Rate. In 1749 a new Royal Caroline was built to replace her. She reverted to being a naval sloop under the name HMS Peregrine and served until her loss on or about 28 December 1761.