© Heritage Auctions
© Heritage Auctions
1 Guinea - Anne
| Gold (.917) | 8.39 g | 25 mm |
| Issuer | England (United Kingdom, British Overseas Territories and Crown Dependencies) |
|---|---|
| Queen | Anne (1702-1714) |
| Type | Standard circulation coin |
| Years | 1702-1707 |
| Value | 1 Guinea (43⁄40) |
| Currency | Pound sterling (1158-1970) |
| Composition | Gold (.917) |
| Weight | 8.39 g |
| Diameter | 25 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Coin alignment ↑↓ |
| Demonetized | Yes |
| Updated | 2024-10-08 |
| Numista | N#13058 |
|---|---|
| Rarity index | 100% |
Reverse
Crowned cruciform shields around central rose with sceptres bearing national emblems in angles, divided date above, legend around.
Script: Latin
Lettering: MAG· BR·FRA· ET·HIB REG·17 06·
Translation: Queen of Great Britain France and Ireland
Comment
The guinea was valued at 21 shillings 6 pence between 1698 and 1717, when it was devalued to 21 shillings. These coins were struck at 44½ to the pound troy, giving a standard weight of 24/89 troy ounce (129.4 grains).Obverse die varieties:
Following a successful Anglo-Dutch expedition against Spain, bullion seized in Vigo Bay was sent to be minted into coin and the coins made from this haul had the word VIGO placed below the Queen's bust.
Sp#3562, KM#511.1 (1702-07) Draped bust left;
Sp#3563, KM#511.2 (1703 only) VIGO below bust.
Interesting fact
One interesting fact about the 1 Guinea coin from England (United Kingdom, British Overseas Territories and Crown Dependencies) made of Gold (.917) weighing 8.39 g is that it was used as a standard unit of currency in the British Empire for over a century, from 1702 to 1813. It was also widely used in trade and commerce, and its value was pegged to the value of gold, making it a stable and reliable form of currency.
