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CategoriesNooks and cranniesYesteryearSemantic enigmasThe body beautifulRed tape, white liesSpeculative scienceThis sceptred isleRoot of all evilEthical conundrumsThis sporting lifeStage and also screenBirds and the bees root OF every EVILWhat is the beginning of the guinea (1 lb & 1 shilling) was the shilling to salary the professional"s lackies?Richard Hooker, Caterham, UK Is it insignificant to imply the ide was designed by the upper classes to confuse and con the uneducated working man? Stranger things have actually happened but I would choose to recognize the genuine answer. Fraser Adam, Aberdeen, UK The lot of gold in coinage in ~ any details time was fixed, however, the worth of that exact same amount that gold can vary. For example, gold coins an initial struck in, say, 1660, were valued at 22 shillings by, say 1680. To against this effect the portion of yellow in a lb coin differed over time in between 90% and also 92%, and also the load of the coins (in decimal below for convenience) in between 8.3 and also 8.5 gms.In 1816, the brand-new "sovereign" pound coin to be introduced. These had 7.9 gms of gold, and also had a fixed value of 20 shillings. Lb coins struck prior to 1816 retained their premium, but now standardised as 21 shillings.And yes, the strange shilling was often paid come underlings, such as solictors" clerks - as their component of all at once fees.Why guinea? due to the fact that the Guinea coastline was fabled for its gold, and also its name became attached to other things prefer guinea fowl, and brand-new Guinea. Peter Brooke, by Kinmuck, Scotland The gold supplied to do the Guinea coins (circa. 1717) was said to have come indigenous Guinea, Africa. See the complying with URL: http://www.predecimal.com/p8milled.htm Ian Ward, Middx, UK The guinea was presented in 1663 as a yellow coin worth twenty shillings, just as the later on sovereign or pound were come be. Shillings to be made that silver. Distinctions in the family member value that silver and gold soon meant that the gold guinea came to be worth an ext than twenty shillings. By 1694 it was worth twenty-one shillings and also sixpence and also it reached even thirty shillings at one time.In 1816 the mint approve sovereigns, worth twenty shillings and which contained less gold 보다 the guinea, i beg your pardon itself had then levelled to twenty-one shillings. After that no guineas to be issued. The professions continued to fee in "guineas" of twenty-one shillings. As late as the 1960s there was a tradition at the Bar that the pound, twenty shillings, checked out the barrister and also the one shilling to his clerk, so the clerk gained 5% top top the barrister"s fee. However, the clerks had by climate devised an nearly incomprehensible scale for various fees , still based upon that principle, which always seemed to work-related slightly much more in your favour. Christopher Nutt, Cambridge due to the fact that gold coins manufactured prior to the lot of yellow in lb coins to be standardised contained an ext gold, and therefore were worth more money. For this reason 21 shillings because that pre 1816 coins. Why Guinea? Association v the fabled wealth of the gold coast. Peter Brooke, through Kinmuck, Scotland The guinea was so called because it was originally made from african gold. Its value fluctuated in between 20 and 30 shillings due to the fact that of transforms in the value of gold. That was declared to be precious 21 shillings in 1717. Andrew Bloomfield, Banja, Luka Bosnia include your answer


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