CHESHIRE-L ArchivesArchiver > CHESHIRE > 2005-11 > 1133275482
Subject: [CHS] Re : Ancient Inventory (1611) - Lesson 2 = Money
Date: Tue, 29 Nov 2005 09:44:42 EST
Hi Terry - you wrote :
"There was also the guinea which was 21 shillings or 1 pound and 1 shilling.
I believe the guinea
was at one time a single coin, I don't know when it ceased to be issued as
such but objects,
particularly furniture and ornaments, were still priced in guineas up until
the decimalization of
the currency in the early 1970s. The prize sums for races, especially horse
races, were denominated
in guineas hence the One and Two Thousand Guineas which as far as I know are
still so called today.
Thanks for your Email, BUT :
The value of the Guinea fluctuated from its' original figure of 20
shillings, and it was not fixed at 21 shillings until late 1717 - therefore out of the
time scale of "Lesson 2" (1600 - 1650).
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