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The guinea (/ ˈ ɡ ɪ n iː /; commonly abbreviated gn., or gns. in plural) was a coin, minted in Great Britain between 1663 and 1814, that contained approximately one-quarter of an ounce of gold. The name came from the Guinea region in West Africa, from where much of the gold used to make the coins was sourced. [3]
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Jun 24, 1977 · The coins came to be known as guineas thanks to the British mind’s great gift for association: they were minted of gold imported from the Guinea Coast of West Africa. The name stuck to later coins of the same gold value, minted from different stock. By 1695, the price of gold had climbed enough to make the guinea worth 30 shillings.
The gold guinea was undoubtedly the major British coin of the eighteenth century. It was born in the aftermath of the English Civil War when the republican issues were replaced with a more impressive coinage bearing the portrait of the newly restored King Charles II.
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How Much Are Guinea Coins Worth? The guinea coin originally had a value of £1-1s, but the value of a guinea today is far more. The coin is made of 22-carat gold, with most of the coins having 91% pure gold content.
A guinea is a coin that was minted in the Kingdom of England between 1663 and 1813. It is not used any more. The gold used to mint the first guineas was mined in the region of the same name in Africa. Although guinea coins had not been made for a long time, prices often continued to be shown in guineas until British prices became decimal in ...
A Guinea is a 22 carat gold coin that weighs 8.3g and, as is the case with other gold bullion coins, its value is calculated by multiplying its gold content by the current gold spot price. At the time of writing that would make a Guinea worth roughly £385 at metal value. Click here to see our range of gold Guinea coins for sale.
Feb 16, 2023 · A guinea coin is a gold coin first minted in England in 1663 and was in circulation until 1813. The guinea was originally worth one pound sterling, but its value fluctuated over time due to changes in the price of gold and inflation. The guinea was so named because it was made of gold from.
