Last modified on 21 August 2008, at 03:07

Guinea (currency)

For the animal, see (Guinea pig)

The guinea was a unit of currency equal to 21 shillings (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.