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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 ...
Large Date $5 United States Garrett Heritage Auctions: January 2012 $1,380,000 1797 O-101a 50C United States Norweb Stack's Bowers: July 2008 $1,380,000 1796 No Stars $2.50 United States Parmelee, Brock, Ward, Rogers ANR June 2005 $1,351,250 1833 Large Date $5 United States King Farouk of Egypt, Pittman Sotheby's/Stack's Bowers: May 2016 $1,322,500
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.
There's no shortage of interesting, old and rare European coins capable of commanding big money at auction -- but are any actually still in circulation and not being handled by private collectors ...
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.
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