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It was the first English machine-struck gold coin, originally representing a value of 20 shillings in sterling specie, equal to one pound, [2] but rises in the price of gold relative to silver caused the value of the guinea to increase, at times to as high as thirty shillings. From 1717 to 1816, its value was officially fixed at twenty-one ...
Although the coin is commonly known as the "Five guinea" piece, during the 17th and 18th centuries it was also known as a Five-pound piece, as the guinea was originally worth twenty shillings (i.e. a pound) – until its value was fixed at twenty-one shillings by a Royal Proclamation in 1717 the value fluctuated rather in the way that bullion ...
The two guinea piece was a gold coin first minted in England in 1664 with a face value of forty shillings. The source of the gold used, also provided the coin its name - the "guinea", with the regular addition of an elephant or castle symbol on the earliest issues to denote bullion supplied by the Royal African Company. For most of its period ...
Old coins are going for big bucks on eBay, and we found a few that you might just have lying around. Check out the slideshow above to discover if any of the coins you've collected could rake in ...
The value of some coins fluctuated, particularly in the reigns of James I and Charles I. The value of a guinea fluctuated between 20 and 30 shillings before being fixed at 21 shillings in December 1717. These are denominations of British, or earlier English, coins – Scottish coins had different values.
A Royal Proclamation of December 1717 fixed the value of the guinea at twenty-one shillings. The value of the half guinea was thus fixed at ten shillings and sixpence (written as 10s. 6d. or 10/6. A half-guinea weighed 64.719 grains (4.194 g; 0.135 ozt). [1] The present day value of a 1717 half guinea is about £97. A golden half guinea in fine ...
A total of £315,000 worth of coins was authorised in October 1797. The denomination was struck each year until 1813, with the exception of 1805, 1807, and 1812. Between 1800 and 1812 third and half guineas were the only gold coins issued. The coin weighed 2.8 grams and was 17 millimetres in diameter with a milled edge.
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