Our navigation bar is loading . . .

 


 

Jesus Christ Saves Ministries

Helping San Diego, California and beyond since 1997.  




 

JCSM's Top 1000 Christian Sites - Free Traffic Sharing Service!


Do you need volunteer, community service, work, military or court hours?

Click here and add this page to your favorites!

Return to the JCSM Study Center!

Encyclopedia Britannica



GUINEA

This article appears in Volume V12, Page 697 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: GUI-HAN
GUINEA , a gold coin at one time current in the United Kingdom. It was first coined in 1663, in the reign of Charles II., from gold imported from the Guinea
coast
  of West Africa by a
company
  of merchants trading under charter from the British crownhence the name. Many of the first guineas bore an elephant on one side, this being the stamp of the
company
 ; in 1675 a
castle
  was added. Issued at the same time as the guinea were five-guinea, two-guinea and half-guinea pieces. The current value of the guinea on its first issue was twenty shillings. It was subsidiary to the silver coinage, but this latter was in such an unsatisfactory state that the guinea in course of time became over-valued in relation to silver, so much so that in 1694 it had risen in value to thirty shillings. The rehabilitation of the silver coinage in William III.'s reign brought down the value of the guinea to 21s. 6d. in 1698, at which it stood until 1717, when its value was fixed at twenty-one shillings. This value the guinea retained until its disappearance from the coinage. It was last coined in 1813, and was superseded in 1817 by the present
principal
  gold coin, the sovereign. In 1718 the
quarter
 -guinea was first coined. The third-guinea was first struck in George III.'s reign (1787). To George III.'s reign also belongs the " spade-guinea," a guinea having the shield on the
reverse
  pointed at the base or spade-shaped. It is still customary to pay subscriptions, professional fees and honoraria of all kinds, in terms of " guineas," a guinea being twenty-one shillings.


End of Article: GUINEA


If you wish, you can link directly to this article.
<a href="http://jcsm.org/StudyCenter/Encyclopedia/GUI_HAN/GUINEA.html">
GUINEA
</a>
(Previous)
GUIMET, JEAN BAPTISTE 		(Next)
GUINEA FOWL

 


 
 


JCSM was founded in 1997 and exists to help the community and bring people into a life-changing and productive relationship with Jesus Christ. JCSM offers over 200,000 free web pages, including its weekly inspirational emails that were sent continuously for over a decade.

Jesus Christ Saves Ministries
P.O. Box 9297
San Diego, CA  92169
1-888-887-0417 or Email

JCSM is a 501(c)(3), non-profit organization. Copyright © 1997-2012.
 

 

Sponsored Advertisements

Online First Aid and CPR Certification  .  DHA Solutions  .  PB Happy Hour Specials  .  Improvising Made Easy For Guitar and Bass  .  The Skeptic's Annotated Bible: Corrected and Explained  .  Home Equity Loans  .  First Aid and CPR Online  .  San Diego Music Lessons  .  10,000 Wise Quotes and Spiritual Sayings  .  Blow Up Your Site (For Free!)  .  San Diego DUI Lawyers  .  Jason Gastrich  .  Jordan Faith Gastrich  .  Divorce Secrets Revealed  .  Post Your Ad Link Free  .  San Diego Soccer Training  .  JCSM  .  Download Sermons  .  Custom Religious Banners, Build A Sign  .  Christian Singles Dating  .  Christian T-Shirts  .  Healing Christian Prayer  .  Bumper Authority  .  Personalized Blogs and Email  .  San Diego Haircuts  .  The Do the Math Diet  .  Stop Twitter Spam  .  Christian Conservative Work at Home Network  .  The Website of the Lord