I'm wondering if a guinea was considered a significant amount of money in the past. I want to understand its value in historical context.
6 answers
Stefano
Wed Nov 13 2024
The coin in question possessed a nominal face value that approximated 20 Shillings.
Stefano
Wed Nov 13 2024
This value is comparable to a pound in contemporary currency.
Stefano
Wed Nov 13 2024
Notably, the worth of the coin fluctuated significantly over time.
Martino
Tue Nov 12 2024
During periods of inflation or economic turmoil, its value could rise as high as 30 Shillings.
Leonardo
Tue Nov 12 2024
The final era of its production spanned from 1717 to 1811.