I'm trying to figure out the value of a guinea coin in shillings. I've heard that a guinea has a certain amount of shillings, but I'm not sure exactly how many. Can someone help me understand the conversion rate?
7 answers
Sun Jan 12 2025
The value of currency during that particular year was noteworthy.
Sun Jan 12 2025
Specifically, one gold guinea was equivalent to 27 shillings in paper money.
Sat Jan 11 2025
However, its value in silver was slightly less, amounting to 21 shillings.
Sat Jan 11 2025
This new coin was valued at 20 shillings, equivalent to one pound, and was named the sovereign.
Sat Jan 11 2025
This gold guinea held significant importance in circulation.