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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.

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9y ago

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