FRANCE. (Solomon Is. 1987 Sheet 9 $1. SG 570a). Appears as a 'potential challenger' on the stamps. The only French challenge came from French Kis in 1987, which appears on another stamp on the sheet. However a syndicate was set up, but ran out of money after it had built the 12 metre yacht Challenge, designed by Daniel Andrieu and skippered by Yves Pajot, so the campaign folded before France was built. It is presumably this yacht which is notionally depicted (a problem with a number of pictures on this sheet).
Phil Hanley, Log Book
I do not have the stamp.