Auronum

Live prices
  • Gold £1,834.61 oz -1.65%
  • Silver £23.35 oz -4.13%
  • Platinum £798.53 oz 0.97%
Gold -1.65%
£1,834.61 oz
Silver -4.13%
£23.35 oz
Platinum 0.97%
£798.53 oz
Gold -1.65%
£1,834.61 oz
Silver -4.13%
£23.35 oz
Platinum 0.97%
£23.35 oz

British Historic Gold

Gold Guinea Coins

The Gold Guinea coin was originally named after the Africa Company that traded in West Africa around Coast of Guinea. A Guinea was originally worth a variable amount between 20 and 30 Shillings. Around 1717 the Gold Guinea was fixed at 21 Shillings. Governments at the time were having difficulty in controlling the rates between Gold and Silver coinage as arbitrage opportunities were seen as metal prices fluctuated

This forced a dramatic change around 1813-1816 which saw a brand new coin introduced which was to be known as the Sovereign. Guineas were retired from circulation thereafter. The Guinea is a slightly larger coin than the modern Sovereign with it holding an additional 0.332 grams of Gold

Prior to the recoinage of 1816, the Silver coins had vanished as the price of Silver had risen so much that the Silver content of the coin was worth more than its nominal value. People did not want the Gold coins because they were worth around 95% of the Gold value of the same number of Shillings. 21 Shillings was more attractive than a Gold coin worth 21 Shillings nominal value such as the Gold Guinea

As more of the lower denominated Silver coins were vanishing from circulation due to them being melted instead of spent, the Royal Mint decided to issue a quarter Guinea to support trade. These coins were limited to being struck in 1787-1798 only, making them rare and highly desired among collectors

Guinea Range

Gold Guinea Designs

Quartered Shield Guinea

Crowned cruciform Gold Guinea George 1

Cruciform Guinea

Crowned Shield Guinea

Military Guinea

Gold third guinea coin

Third Gold Guinea

Spade Gold Guinea

Charles ii Gold Guinea coin

1663 – 1684

Charles II Guinea

The first ever British Gold guinea was struck in 1663, two-years after Charles II’s coronation. Although mint state examples are known, they are extremely rare. Most Charles II Guinea coins are see in a fine condition, meaning they are circulated. Mint state and almost uncirculated grades are more often seen in the 5 Guinea denomination

Gold Guinea James ii 1687

1685-1688

James II Guinea

Following the death of his brother Charles II, James II featured on Gold Guinea coins between 1685 through to 1688. This Guinea is rare as it was only in production for four years as a revolution in 1688 saw James II overthrown and replaced by his own daughter Mary II and her husband William III. This Guinea is a beautiful design which features the famous and iconic Cruciform

William Mary Gold guinea coins

1689-1694

William III and Mary Guinea

William III first appeared on the Gold Guinea coin with his wife Queen Mary II who was also his first cousin. Mary spent many years governing Britain by herself given William III’s time spent abroad in wars. Mint State examples are known, but extremely rare. Some of this type features the Elephant & castle hallmark, signalling the Gold was sourced by the Royal African Company

Gold Guinea William iii coin

1695-1701

William III Guinea

Following Queen Mary II’s death in 1694, the 1695 Guinea featured just William III. The design features a high degree of detail on William III’s hair which shows very quickly if the coin has been circulated as the details are quickly lost to highpoint wear

Gold Queen Anne guinea coin

1702-1714

Anne Guinea

Anne was sister of Mary, who features on the 1689-1694 Gold Guinea coins alongside William III her husband and first cousin William III. Anne became Queen of Great Britain and Ireland following the death of William III and featured on Guinea coins for just five years following her death in 1914. Coins featuring Anne are known to exist in mint state but are extremely rare

George I Gold Guinea coin

1714-1726

George I Guinea

George I was born in Hannover, Germany where he was born and eventually buried. He was another royal that married his first cousin. Together they had two children whilst George fathered a further three with his mistress. George I was handed the throne following the death of his second cousin Queen Anne

George ii guinea coin

1727-1760

George II Guinea

George II Guinea coins are split between two different busts of George II. Both feature the King bearing a laureate with him facing left, the second portrait shows the King with a slightly fuller figured face and more detail in his facial features. Interestingly, George II was actually German. After death he was succeeded by his eldest son’s son, George III

George iii Gold Guinea spade coin

1761 – 1813

George III Guinea

George II features on a range of Gold coins, his effigy features on the 1813 Gold Guinea which was the final year that a Gold Guinea was ever produced. He then featured on the first modern-day sovereign which was released in 1817. George III features on the spade Guinea, Shield Guinea, third Guinea and Military Guinea

Quarter Gold Guinea

Quarter Guinea

2.1g

Bullion Value

£113.55
Gold third guinea coin

Third Guinea

2.8g

Bullion Value

£151.40
Gold Half Guinea

Half Guinea

4.2g

Bullion Value

£227.10
Gold Spade Guinea coin

1 Guinea

8.4g

Bullion Value

£454.19
2 Guinea Gold Coin

2 Guinea

16.8g

Bullion Value

£908.39

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