I recently heard about something called 'guinea coin' and I'm curious to know more about it. Could someone please explain what guinea coin is, its background, and how it's used or traded?
7 answers
Eleonora
Tue Nov 12 2024
It was fixed at £1 1s, a bit higher than its original value.
Bianca
Tue Nov 12 2024
In Scotland, coins were generally scarce.
GangnamGlitzGlamourGlory
Tue Nov 12 2024
The guinea was a gold coin with a rich history.
CryptoPioneer
Tue Nov 12 2024
Initially, it was valued at £1, making it a significant currency.
emma_lewis_pilot
Tue Nov 12 2024
This scarcity was especially true for valuable gold coins.