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From: "Dr. Terry S. Walker" <>
Subject: Re: [CHS] Re : Ancient Inventory (1611) - Lesson 2 = Money
Date: Tue, 29 Nov 2005 15:35:17 -0500
References: <21a.41bd1a0.30bdc35a@aol.com>


Hi Ricky,

Thanks for your comment, but in fact the guinea was not a recognised coin until 1663 and should not
have been in Lesson 2 any way.

See my previous e-mail.

terry

wrote:
> 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.
>
>
>
> Hi Terry,
> 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).
> Ricky Cooper
>
>
>
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