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GUINEA , a See also:gold See also:coin at one See also:- TIME (0. Eng. Lima, cf. Icel. timi, Swed. timme, hour, Dan. time; from the root also seen in " tide," properly the time of between the flow and ebb of the sea, cf. O. Eng. getidan, to happen, " even-tide," &c.; it is not directly related to Lat. tempus)
- TIME, MEASUREMENT OF
- TIME, STANDARD
time current in the See also:United See also:Kingdom. It was first coined in 1663, in the reign of See also:Charles II., from gold imported from the Guinea See also:coast of See also:West See also:Africa by a See also:company of merchants trading under See also:charter from the See also:British See also:crown—hence the name. Many of the first guineas See also:bore an See also:elephant on one See also:side, this being the See also:stamp of the company; in 1675 a See also:castle was added. Issued at the same time as the guinea were five-guinea, two-guinea and See also:half-guinea pieces. The current value of the guinea on its first issue was twenty shillings. It was subsidiary to the See also:silver coinage, but this latter was in such an unsatisfactory See also: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 See also:thirty shillings. The rehabilitation of the silver coinage in See also:- WILLIAM
- WILLIAM (1143-1214)
- WILLIAM (1227-1256)
- WILLIAM (1J33-1584)
- WILLIAM (A.S. Wilhelm, O. Norse Vilhidlmr; O. H. Ger. Willahelm, Willahalm, M. H. Ger. Willehelm, Willehalm, Mod.Ger. Wilhelm; Du. Willem; O. Fr. Villalme, Mod. Fr. Guillaume; from " will," Goth. vilja, and " helm," Goth. hilms, Old Norse hidlmr, meaning
- WILLIAM (c. 1130-C. 1190)
- WILLIAM, 13TH
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 It was last coined in 1813, and was superseded in 1817 by the See also:present See also:principal gold coin, the See also:sovereign. In 1718 the See also:quarter-guinea was first coined. The third-guinea was first struck in See also:George III.'s reign (1787). To George III.'s reign also belongs the " See also:spade-guinea," a guinea having the See also:shield on the See also:reverse pointed at the See also: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
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