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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 ...
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.
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.
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 ...
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5 Rare Coins Worth Thousands That Retirees Should Consider Selling Before the End of 2024. Laura Bogart. October 26, 2024 at 8:03 AM. P_PHOTO / iStock.com.
5 Rare Coins Expected To Soar in Value Before the End of 2024. Laura Bogart. November 14, 2024 at 12:01 PM. IURII BUKHTA / Getty Images/iStockphoto. There might be a treasure in your family’s attic.
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