1 Guinea - Anne (2nd bust) 1707-1709 front 1 Guinea - Anne (2nd bust) 1707-1709 back
1 Guinea - Anne (2nd bust) 1707-1709 photo
© Heritage Auctions

1 Guinea - Anne 2nd bust

 
Gold (.9167) 8.4 g -
Description
Issuer
United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
Queen
Anne (1707-1714)
Type
Standard circulation coin
Years
1707-1709
Value
1 Guinea (21⁄20)
Currency
Pound sterling (1158-1970)
Composition
Gold (.9167)
Weight
8.4 g
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#84837
Rarity index
95%

Reverse

Crowned cruciform shields around central Garter star with sceptres bearing national emblems in angles, divided date above, legend around.

Script: Latin

Lettering: MAG - BRI • FR - ET • HIB - REG •

Translation: Queen of Great Britain France and Ireland

Edge

Reeded

Comment

The guinea was valued at 21 shillings 6 pence between 1698 and 1717, when it was devalued to 21 shillings. These cons were struck at 44½ to the pound troy, giving a standard weight of 24/89 troy ounce (129.4 grains).

Variety with elephant and castle below bust struck from gold mined in Guinea, now Ghana.

Interesting fact

One interesting fact about the 1 Guinea - Anne (2nd bust) coin is that it was minted during a time when the United Kingdom was experiencing a severe shortage of gold coins. To address this issue, the British government decided to reduce the weight and gold content of the guinea coin, which had previously been made of 24-karat gold. The new version, which included the 1707-1709 Anne (2nd bust) coin, was made of 22-karat gold (.9167) and weighed 8.4 grams, instead of the previous 10.4 grams. This change helped to alleviate the shortage and made gold coins more accessible to the general population.

Price

Date Mintage VG F VF XF AU UNC
1709  - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Guinea - Anne (2nd bust) 1707-1709 coin.