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In modern usage it would be £31.50

The guinea was a British gold coin struck from 1663 to 1813. Originally its value was set at £1 (20 shillings). The coins always had the same amount of gold so changes in the price of precious metals caused the coins to be revalued many times.

In 1717 the government stabilised their value at 21 shillings; a century later the denomination was discontinued. Some people, particularly in the upper classes, continued to price goods in guineas. Depending on one's perspective, prices expressed in guineas were seen as symbolising high-class "specialness" or snooty snobbery!

When the UK switched to decimal currency in 1971 the shilling was replaced by the 5p coin, so 1 guinea is now 21 x 5p = £1.05

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13y ago

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