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