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Guinea

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The guinea coin of 1663 was the first British machine-struck gold coin.

 


Quarter Guinea
First struck in 1718, this tiny gold coin weighed only 2.1 grams and measured 16 mm in diameter, 2mm smaller than the modern 5p decimal coin and the same size as the silver threepenny piece.

Guinea
A British gold coin, valued at 21 shillings or 1 pound 1 shilling. The name derives from the region of Africa where much of 18th century Britain's gold came from.

Guinea:
21 shillings. Small gold coin. Rarely used. Term still used in horse racing and auctions.
Slang Terms and Lore Involving British Money: ...

The guinea
A guinea was £1-1s-0d (which is £1.05) and could be written as '1g' or '1gn' or, in the plural, '3gs' or '3gns'. It was considered a more gentlemanly amount than £1.

Five Guineas valued at 105 shillings was the largest denomination of the milled gold coins. It was first produced in 1668 under Charles II and continued until 1753 when it was stopped by George II.

Guinea pigs (also called cavies) are rodents belonging to the family Caviidae and the genus Cavia.

The Guinea and the Sovereign as legal tender coins placed Britain firmly on the gold standard , whose basic criterion was that gold formed the whole circulation or that notes were redeemable in gold coin at a fixed price.

Spade Guinea - A guinea of the pattern coined 1789-1800, so called from the form of the escutcheon on the reverse.
[Great Britain] ...

50394 Guinea. Republic. 1962. 5 Francs . One year type/. Y5, KM-5. Ch. Toned Unc. $10
49574 Haiti. Republic. 1905 (w). 5 Centimes . Minted by Scoville Mfg. Co., Waterbury CT. Post Insurrection issue. Y10, KM-53. EF-AU. $10 ...

Papua New Guinea became an independent member of the Commonwealth on September 16,1976, while remaining under the monarchy of Queen Elizabeth II.

Seaby #3628
Guinea, 1714. George I. First Bust. S-3628. One-year type, very rare with the distinctive PR EL at the end of the king's titles in the reverse legend. In the following year, the ...

1663 First British Guineas produced
This is a new milled coin, initially worth £1, using gold from west Africa, hence the name guinea.
p 242,244 ...

Great Britain, Gold Guinea, 1£ 2s
Portugal, Gold Johanna, 4£
Portugal, Gold Half Johanna, 2£
India, Gold Mohur, 1£ 17s
India, Gold Pagoda, 8s
India, Silver Rupee, 2s 6d
Spain, Silver 8 Reales, 5s
Netherlands, Gold Ducat, 9s 6d ...

The value of gold in pounds Sterling, however, remained the same, and the Sovereign was simply cut down proportionally from the weight of the Guinea. Guinea coins, therefore, might continue in circulation with their traditional value of 21 shillings.

British types included the guinea, valued at 21 shillings, and the half guinea, equal to 10 shillings, six pence. More common were the sovereign of 20 shillings, equal to one pound, and the half sovereign.

Adams received a fee of nineteen guineas, but never got so much as a word of thanks from the churlish Preston. An ordinary American politician would have shrunk from the task of defending these men, for fear of losing favor with the people.

The highest denomination to be struck was the guinea; patterns for five and two-guinea pieces were struck but no specimens were issued for circulation.

From 1717 to 1817, there was a coin called a guinea, which was worth 21s (or £1/1/-). It was called that as it was made from gold from the country Guinea.

We can be sure that there were sixpences and threepences, half mohurs, half-guineas, third-guineas as well as Spanish doubloons in the colony.

Bankers much preferred the half eagle, as it was closer in size to the widely recognized British guineas and sovereigns, the Brazilian 4000 Reis, and the French 24 Livres then in use throughout the world.

Gold coinage continued with some regularity; a gold third guinea was introduced in 1797 to provide smaller coin and a quarter guinea was struck in 1718 and 1762.

The Royal Mint had been re-equipped using modern minting machinery built by Boulton and Watt, and the change from guineas and half guineas to sovereigns and half sovereigns was only a part of a major overhaul of British coinage.

Such countries include the Isle of Man, Jersey, Ireland, Papua New Guinea, Uganda, Barbados and Gibraltar. Still other countries have struck six-, eight- or 10-sided coins. Chile's circulation peso and 5-peso coins have eight sides.

Cartoon character Scrooge McDuck reveled in his three acres of money, and novel character Silas Marner spent hours contemplating his hoard of golden guineas. I once had a client, Dr.

These include: Australia, New Zealand, Canada, Jamaica, Antigua and Barbuda, Belize, Papua New Guinea, St Christopher and Nevis, St Vincent and the Grenadines, Tuvalu, Barbados, Grenada, Solomon Islands, St Lucia and The Bahamas.

Business requirements in larger transactions were carried on in gold Spanish-American doubloons and their fractions, English guineas, and even French louis d'or.

Whether it be a dekadrachm from Syracuse, a fine city view thaler from central Europe, or a Bird of Paradise 5 Marks from Papua New Guinea, the finest work of high art comes in large packages.

articles are available: Coin Denominations Dollar (includes references to: Joachimstaler, Thaler, Taler) Florin (includes references to: Leopard, Helm, Noble, Double Florin) Sovereign (includes references to: Pound, Unite, Laurel, Broad, Guinea) ...

Gaudens Twenty Dollar Gold Piece
Indian Princess Head Dollar
Pisanello & Innocence Medal
Goldkronach Mining Ducat
King James I Gold Unite
Dalzell Farm Five Francs
Edward VI Gold Sovereign
George III Five Guineas ...

The gold ten-dollar piece would be roughly equal in value to the British double guinea. The silver dollar and its fractions would correspond to the Spanish 8 Reales. Copper cents would be equivalent to English halfpennies.

--If you have an old coin rated BU or Brilliant Uncirculated, it's the same as in the US--you have quite a find. However, if an appraiser says your guinea proof set rates a Fleur de Coin, break out the high tea, ...

A quid is slang for a pound, a sovereign, or at times a guinea. According to our copy of Oxford English Dictionary, the earliest known usage was 1688 by Shadwell "Let me equip thee with a quid". The expression "quids in" means in profit or in luck.

See also: Coin, Gold, Silver, Half, Crown

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