On February 20, 29137 CG-238 floundered and sank while on prohibition enforcement patrol off the coast of Cape Code (Highland) Light, Massachusetts. The boat, which was four miles east of the lighthouse, encountered a severe gale and snow squalls. Her crew attempted to anchor, but the surf was too rough and the anchors would not hold. A radio a distress was received by watchstanders on shore, but due to the severe weather, rescue attempts failed before she sank and all hands were lost
| Name | Rating | Duty Station | Date |
| Alexander, C. | SC3 | CG-238 | 2/20/1927 |
| Krzyzanowski, L. S. | Cox | CG-238 | 2/20/1927 |
| McCausland, F. C. | MoMM2 | CG-238 | 2/20/1927 |
| Maxim, J. V. | MoMM2 | CG-238 | 2/20/1927 |
| Freeburn, C. A. | BM2 | CG-238 | 2/20/1927 |
| Shea, C. | MoMM1 | CG-238 | 2/20/1927 |
| Clark, R. H. | BM1 | CG-238 | 2/20/1927 |
| Rivenback, J. K. | CBM | CG-238 | 2/20/1927 |
Source: Officer Down Memorial Page