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The Five Guinea was a machine-struck gold coin produced from 1668–1753. Measuring 37 millimetres in diameter and weighing between 41 and 42 grams, it was the largest regularly produced gold coin in Britain .
The first guinea was produced on 6 February 1663 (361 years ago) (); a proclamation of 27 March 1663 made the coins legal currency.One troy pound of 11 ⁄ 12 (0.9133) [citation needed] fine gold (22 carat or 0.9167 pure by weight) would make 44 + 1 ⁄ 2 guineas, [5] each thus theoretically weighing 129.438 grains (8.385 grams crown gold, 7.688 grams fine gold, or 0.247191011 ozt (troy ounces ...
List of most expensive coins Price Year Type Grade Issuing country Provenance Firm Date of sale $18,900,000 1933 1933 double eagle: MS-65 CAC United States: King Farouk of Egypt: Sotheby's [1] June 8, 2021 $12,000,000 1794 Flowing Hair dollar: SP-66 CAC United States Neil, Carter Private sale [2] January 24, 2013 $9,360,000 1787 Brasher ...
Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. [3] Bullion coins are typically available in various weights, usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier.
The five guinea gold coin started out in 1668 as a coin worth one hundred shillings (five pounds), and was sometimes called a five-pound coin. This was before the fluctuating value of the guinea settled at twenty-one shillings in 1717.
Until decimalisation crowns (five shilling coins) were used for this purpose as they were the highest denomination of the time, but due to inflation this role has been transferred to higher value coins. Crowns, £5 coins and (until 1996) £2 coins are non-circulating, although they are still legal tender. These denominations are only used for ...
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