The Guinea

1813 George III Gold 'Military' Guinea Obverse. Image: M J Hughes Coins
1813 George III Gold 'Military' Guinea Obverse. Image: M J Hughes Coins
1813 George III Gold ‘Military’ Guinea Obverse. Image: M J Hughes Coins

The Guinea is a famous British gold coin minted between 1663 and 1814. The coin was originally created as a one pound coin (20 shillings) but is better known as being worth One Pound and One Shilling (21 shillings).

After the English Civil War, King Charles II introduced new coinage. A gold coin, approximately a quarter of an ounce, was issued and for the first time it was not hammered. Made by machine using gold from the Guinea Coast of West Africa the coin probably became the most important coin of the realm.

1813 George III Gold 'Military' Guinea Reverse. Image: M J Hughes Coins
1813 George III Gold ‘Military’ Guinea Reverse. Image: M J Hughes Coins

Originally 20 shillings, the coin actually fluctuated with the gold price, at times being as high as 30 shillings. In 1717 the Guinea became fixed at 21 shillings (in today’s money that is £1.05). Other coins of the family were also minted, such as half-guinea, two-guinea and five-guinea.

In the Great Recoinage of 1816 the Guinea was replaced by the Pound and the Sovereign became the gold coin in use. Long after the Guinea was retired the name continued to be used, especially for prestige purchases intended for the more wealthy. Even now racehorses are still sold in Guineas (the auctioneer traditionally taking the 5p as commission).

Guineas are 25mm in diameter, weigh about 8.38g and are 22 carat gold (91.6%). Prior to 1717 they weighed slightly less (around 8.3g) and were made of 91.34% gold.


UK On eBay UK:


King Charles 2026 Gold Full Sovereign Coin
King Charles 2026 Gold Full Sovereign Coin
£ 787.00
1887 UK Royal Mint  Victoria Jubilee Gold Half Sovereign Coin - NGC MS62
1887 UK Royal Mint Victoria Jubilee Gold Half Sovereign Coin - NGC MS62
£ 588.10
1880 S Sydney Mint Gold Full Sovereign — Victoria Young Head Shield Back
1880 S Sydney Mint Gold Full Sovereign — Victoria Young Head Shield Back
£ 930.00
1967 Solid 22ct Carat Gold Full Sovereign Coin
1967 Solid 22ct Carat Gold Full Sovereign Coin
£ 800.00
Queen Victoria 1894 Gold Full Sovereign Coin
Queen Victoria 1894 Gold Full Sovereign Coin
£ 792.10
1885 S Sydney Mint Gold Full Sovereign — Victoria Young Head Shield Back
1885 S Sydney Mint Gold Full Sovereign — Victoria Young Head Shield Back
£ 915.00
1900 Victorian Half sovereign 22ct Gold Coin. Old Head - 1900 - Good condition
1900 Victorian Half sovereign 22ct Gold Coin. Old Head - 1900 - Good condition
£ 455.50
22ct gold sovereign coins
22ct gold sovereign coins
£ 208.70
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USA On eBay USA:


2025 Royal Mint Gold Proof Sovereign  Last Of The Rose Gold, Sheild Design Boxed
2025 Royal Mint Gold Proof Sovereign Last Of The Rose Gold, Sheild Design Boxed
£ 1,275.00
1887 UK Royal Mint  Victoria Jubilee Gold Half Sovereign Coin - NGC MS62
1887 UK Royal Mint Victoria Jubilee Gold Half Sovereign Coin - NGC MS62
£ 588.10
King Charles 2026 Gold Full Sovereign Coin
King Charles 2026 Gold Full Sovereign Coin
£ 787.00
1880 S Sydney Mint Gold Full Sovereign — Victoria Young Head Shield Back
1880 S Sydney Mint Gold Full Sovereign — Victoria Young Head Shield Back
£ 930.00
1967 Solid 22ct Carat Gold Full Sovereign Coin
1967 Solid 22ct Carat Gold Full Sovereign Coin
£ 800.00
Queen Victoria 1894 Gold Full Sovereign Coin
Queen Victoria 1894 Gold Full Sovereign Coin
£ 792.10
1900 Victorian Half sovereign 22ct Gold Coin. Old Head - 1900 - Good condition
1900 Victorian Half sovereign 22ct Gold Coin. Old Head - 1900 - Good condition
£ 455.50
22ct gold sovereign coins
22ct gold sovereign coins
£ 208.70
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View Coins on eBay USA