How much is a Guinea worth?

Answer 1

Well, there are a few ways to answer this question. The guinea was a gold British machine struck coin that eventually had the value of 1 pound and 1 shilling. In the pre-decimal system there were 20 shillings to the pound and 12 pence to the shilling. Eventually the guinea was superseded by the sovereign, a gold coin worth 1 pound.

The difficulty in answering your question is that the guinea no longer really exists, technically it would be worth 1.10 pounds if you did a straight conversion of currency and converting the pre-decimal amount to the post-decimal amount, which would equal to about $1.76 US.

However, since neither the UK or the US is on the gold standard anymore, the actual price of a gold guinea is much, much higher than $1.76, also, the pound has been devalued much more to the US than historically (historically there have been about 4 pounds in each US dollar, or about 5 shillings to the dollar). So if you have a physical guinea, post a new question including the date and an estimate of condition and we can find you a value for that coin.

Answer 2

A guinea was an old unit of British currency worth 21 shillings (£1 1s). Translated to modern currency it would be £1.05, but exchange rates have changed radically over the decades. Without a conversion date it's not possible to translate to USD.
A guinea in British money was worth £1.05 - one pound and one shilling. So at today's exchange rate this would amount to around $1.50.

Answer 3

One Guinea was one pound and one shilling in old British currency, it would be one pound and five pence if it was used today. £1.05 is equal to $1.56 Australian dollars or $1.64 Canadian dollars (as at 20th April 2013)

Answer 4

A guinea was one pound and one shilling in sterling currency.

Answer 5

One English pound.

Answer 6

1 guinea is worth about £1.05 today.

Answer 7

300

Answer 8

$5

Answer 9

I10

Answer 10

£1.10