NationStates Jolt Archive

Does somebody have a link to what guinies are? How much are they worth compared to pounds? Are they still in use?

Assuming you mean guineas. A guinea was equal to one pound and one shilling. Something to do with the perceived notion that paying a pound for services was below a gentleman, so they'd pay a guinea instead. The current equivalent would be £1.05, but they're not in use any more.

They're no longer in use, but they were worth 21 shilling, or 1 pound 1 shilling. So that'd be 1.05 pounds these days.

there not in use, they were equivilent to about 21 shillings

http://www.saintpatricksday.co.nz/Brand/guinness/Images/glass.jpg

i read it wrong :(

Call me stupid if ya like, but were they not also made of gold?

they were

Call me stupid if ya like, but were they not also made of gold?
You're stupid. ;) But yes, they were.

You're stupid. ;) But yes, they were.


Hehe heh many thanks, then perhaps the poster wants to know if anybody knows the gold value of a guinea, rather than the convertion from old money value?

http://www.saintpatricksday.co.nz/Brand/guinness/Images/glass.jpg

i read it wrong :(


hehe sorry just read that heheh very funny.

Hehe heh many thanks, then perhaps the poster wants to know if anybody knows the gold value of a guinea, rather than the convertion from old money value?
Well, the point of coins being made of gold was that the amount of gold in the coin determined the value of the coin. So the gold value of a guinea would have been a guinea. Obviously now that wouldn't necessarily be the case.

Well, the point of coins being made of gold was that the amount of gold in the coin determined the value of the coin. So the gold value of a guinea would have been a guinea. Obviously now that wouldn't necessarily be the case.


Yeah and did I read somewhere the other week that because of the shortage in copper driving the price up, that a 2p peice is actualy woth 3p now? Heh or did I dream it.

Yeah and did I read somewhere the other week that because of the shortage in copper driving the price up, that a 2p peice is actualy woth 3p now? Heh or did I dream it.

according to wiki it would seem so

Because of soaring metal prices in early 2006, by May of that year the pre-1992 (97% copper) coins were worth 3p each. About 2.551 billion such coins remain in circulation.

according to wiki it would seem so


Ahhh now I can claim I did dream it, and that my dreams are clairvoyent!

Ahhh now I can claim I did dream it, and that my dreams are clairvoyent!

AAAAAAARRRRRRRGGGGGGGGGGHHHHHHHH Peepelonia has magic powers, run away, run away!!!

or worship if you are too lazy to run away

A bit difficult to find the wiki on the old guinea, but it's there.. http://en.wikipedia.org/wiki/British_coin_Guinea You can get the weight in gold, and calculate the value (once you look up what gold is worth).

The idea of guineas is still in use. They use them in horse sales as the tax on a horse sale is a flat 5% and selling in guineas means that the buyer pays the tax.

Or so I was told once, I could be way off the mark.

Edit - Hey I am right according to wiki.

I seem to get about a price of 80 british pounds for an old (gold) guinea, for it's gold content.
Of course, they're probably worth more as collectors item.

From ebay: A George III, 4th head guinea dated 1781, $276.90
So about worth twice as much as just the gold content..

AAAAAAARRRRRRRGGGGGGGGGGHHHHHHHH Peepelonia has magic powers, run away, run away!!!

or worship if you are too lazy to run away


Umm I like your thininking there!:)

Peepelonia is a witch and must be burned at the stake.

but don't burn my steak, rare is nice for me.

Peepelonia bbq.

Assuming you mean guineas. A guinea was equal to one pound and one shilling. Something to do with the perceived notion that paying a pound for services was below a gentleman, so they'd pay a guinea instead. The current equivalent would be £1.05, but they're not in use any more.
Thanks. Yes. I meant guineas. Now I know why I couldn't find anything with Google.

http://www.saintpatricksday.co.nz/Brand/guinness/Images/glass.jpg

i read it wrong :(
:D

Peepelonia is a witch and must be burned at the stake.

but don't burn my steak, rare is nice for me.

Peepelonia bbq.

Heheh yeah I used to be but I aint now.

Isn't the guinea equal to £1.05 in the old English coinage system? It would be one pound and five pence, equal to 5/240ths of a pound.

Isn't the guinea equal to £1.05 in the old English coinage system? It would be one pound and five pence, equal to 5/240ths of a pound.

Its equal to 21 shillings which is £1.05 in new money.

Isn't the guinea equal to £1.05 in the old English coinage system? It would be one pound and five pence, equal to 5/240ths of a pound.

Not quite. One pound and a shilling, or one pound and twelve old pence, thus equal to 21/20ths of a pound.

Or if you prefer: £1 1s 0d or even £1/1/-

What seems to have thrown you is that the old shillings, which predecimilisation were equal to twelve old pence, became equal to five new pence postdecimilisation, and indeed remained in circulation for quite some time after the change over, as did two shilling pieces.

guineas are still used in betting.