The '''guinea''' was a unit of currency equal to 21 [[shilling]]s (a [[pound]] was 20 shillings). This could also be expressed as 252 old [[pence]], or in decimal form, 105 [[new pence]] (£1.05). Some traditional payments, such as horse racing prizes, are still expressed in guineas rather than pounds. | The '''guinea''' was a unit of currency equal to 21 [[shilling]]s (a [[pound]] was 20 shillings). This could also be expressed as 252 old [[pence]], or in decimal form, 105 [[new pence]] (£1.05). Some traditional payments, such as horse racing prizes, are still expressed in guineas rather than pounds. |