All of these denominations beloing to the old redundant British predecimal currency system used by many of the British Empire/Commonwealth countries.
5 Guineas (105 Shillings) - converted to £5.25 in decimal currency.
2 Shillings (1 Forin) - converted to £0.10 in decimal currency.
2 Florins (4 Shillings) - converted to £0.20 in decimal currency.
12 Pence (1 Shilling) - converted to £0.05 in decimal currency.
The guinea was generally valued at 21 Shillings or 1 Pound, 1 Shilling. Today, the equivalent would be 1 Pound, 5 Pence. 50 Guineas would equal 52.5 Pounds. Since the Guinea was a gold coin, it would be worth considerably more than face value today, and 50 Guinea coins would contain approximately 12.5 troy ounces of gold. Please visit the link below.
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See http://en.wikipedia.org/wiki/Dime_(United_States_coin) "Dime" The term dime comes from old French "di(s)me", meaning "tithe" or "tenth part", from the Latin decima [pars]. This term appeared on early pattern coins, but was not used on any dimes until 1837.Interestingly, today the dime is the only US coin bearing a denomination expressed in a unit other than cents or dollars and as such it's the only survivor of an early proposal for US coins that was based on strict multiples of ten. The denominations were to be:> Mill (or mil), the smallest unit> Cent, equal to 10 mills> Dime - 10 cents> Dollar - 10 dimes> Eagle - 10 dollars> Union - 10 eaglesThat would have produced a strange method of expressing prices using multiple decimal points. For example, if that system had been adopted a price that we'd express as $137.55 would have been written as 1.3.7.5.5 ; that is, one union, 3 eagles, 7 dollars, 5 dimes and 5 cents (!!!) It was almost as cumbersome as the British guineas/pounds/shillings/etc. system that the new country wanted to get rid of, so the much simpler method we still use was fortunately chosen instead.Coins denominated in mills and unions were never minted, but "eagle" coins were struck in 1795 and continued to be made until 1932. In 1986 the name "eagle" was brought back for special collectors' coins made of silver and gold, but these have virtually nothing in common with the original eagle coins.
when first made, 1 guinea was 20 shillings which was £1 it then became 30 shillings A guinea was worth 21 shillings, so 2 guineas was worth 42 shillings, which was 2 pounds and 2 shillings (£2.10p in todays currency).
There were 21 shillings in a guinea, 20 shillings in £1. A guinea was useful for a family of 3 children as they could get 7 shillings each.
A guinea was 21 shillings = 1 pound 1 shilling So 10 guineas was 10 x 21 shillings = 10 pounds 10 shillings A shilling was 12d and 1 pound was 240d ⇒ 1 shilling was 12/240 = 1/20 pound At decimalization in 1971, £1 = 100p = 240d ⇒ 1 shilling = 1/20 x 100p = 5p ⇒ 10 pounds 10 shillings = £10 + 10 x 5p = £10.50 in decimal currency.
A Guinea is 21 Shillings in the old predecimal British currency. There are 252 Pennies in a Guinea, therefore 504 Pennies is Two Guineas.
The gold Guinea coin predates the Pound in the British currency. The last Guinea coins were issued in 1813. The first Pound or Sovereign coins were issued in 1820. There were 21 Shillings in a Guinea and 20 Shillings in a Pound (or Sovereign).
A "guinea" is an old British term for one pound plus one shilling, pre Britain's change in 1971 to decimal currency. Pre 1971 pounds were split into shillings and pence. There were 20 shillings in a pound and 12 pence in each shilling. There were therefore 240 pence in a pre-decimal pound. A shilling is 1/20 of a pound. Therefore 100 guineas = 100 pounds +5 pounds.= 105 pounds. At todays exchange rate of 0.643030 pounds to the dollar, this would convert to $163.290.
A guinea was a pre-decimal amount of 21 shillings and now pretty much only used when dealing in horses and horse racing. In modern british currency it equates to one pound five pence. £1.05
Pounds Sterling (£) as used today. Before decimalization (in 1971) each pound was divided into 20 shillings and each shilling into 12 pence (or pennies). Coins were also used for a halfpenny and a farthing (a quarter of a penny).
if you are referring to the English currency in the 1820's, then it was guineas.
Approximately 4.76 guineas. The guinea is an old British monetary unit that's no longer in use*. It was equivalent to 21 shillings, or £1.05 in modern decimal currency. 5 / 1.05 = 4.76, roughly. (*) For various historical reasons guineas eventually were used to express prices of posh, upmarket items while everything else was in pounds and pence. Even though the denomination has been out of use for many decades, extremely high-end goods may very occasionally have prices shown in guineas to express just how limited and special they (supposedly) are.
England/Great Britain. The Guinea was equivalent to 21 Shillings and was last issued in 1813 when it was replaced by the Sovereign. The Shilling and Crown (Five Shillings) were discontinued after decimalisation.
Shillings and Pounds.MoreBritain's currency has been the pound sterling for many centuries. In 1800 the pound was divided into many different sub-denominations with a bewildering set of value ratios. Among the more common denominations were: Farthings: 4 farthings = 1 pennyHalfpennies: 2 halfpennies = 1 pennyPence (the plural of penny): 240 pence = £1ThreepenceSixpenceShillings: 12 pence = 1 shilling; £1 = 20 shillingsFlorins: 2 shillings = 1 florinHalf-crowns: 2 shillings and sixpence = 1 half-crownGuineas: 21 shillings = 1 guinea