In 1717, Britain officially established its value as 21 shillings, and the coin fell out of use in 1816 when Britain adopted the gold standard.Is the Coronavirus Crisis Increasing America's Drug Overdoses?Fact Check: What Power Does the President Really Have Over State Governors?Festival of Sacrifice: The Past and Present of the Islamic Holiday of Eid al-AdhaHow Worried Should We Be About the Saharan Dust Cloud’s Arrival?Has the Time Come to Abolish the Electoral College?Is the Coronavirus Crisis Increasing America's Drug Overdoses?Fact Check: What Power Does the President Really Have Over State Governors?Festival of Sacrifice: The Past and Present of the Islamic Holiday of Eid al-AdhaHow Worried Should We Be About the Saharan Dust Cloud’s Arrival? Try our online currency converter and find out how many animals, stones of wool and quarters of wheat you can buy, and how much you could earn.The result of the calculation is intended to be a general guide to historical values, rather than a categorical statement of fact. Although guinea coins had not been made for a long time, prices often continued to be shown in guineas until British prices became decimal in 1971. First of all, the guinea wasn’t real money — it was a price. The British guinea hasn't been used in 200 years. A guinea was considered a more gentlemanly amount than £1. Thanks . With regards to horse auctions!! In 1717, Britain officially established its value as 21 shillings, and the coin fell out of use in 1816 when Britain adopted the gold standard.Is the Coronavirus Crisis Increasing America's Drug Overdoses?Fact Check: What Power Does the President Really Have Over State Governors?Festival of Sacrifice: The Past and Present of the Islamic Holiday of Eid al-AdhaHow Worried Should We Be About the Saharan Dust Cloud’s Arrival?Has the Time Come to Abolish the Electoral College?Is the Coronavirus Crisis Increasing America's Drug Overdoses?Fact Check: What Power Does the President Really Have Over State Governors?Festival of Sacrifice: The Past and Present of the Islamic Holiday of Eid al-AdhaHow Worried Should We Be About the Saharan Dust Cloud’s Arrival? A guinea is a coin that was minted in the Kingdom of England between 1663 and 1813. In other words, the purchasing power of £100 in 1958 equals £1,965.37 today. Convert 1 British Pound to Guinean Franc. Value of £1 from 1930 to 2020 According to the Office for National Statistics composite price index, today's prices in 2020 are 6,479.44% higher than average prices since 1930. The guinea (one pound one shilling) had been a coin in earlier ages, but by Victoria's time had become purely notional—though many prices were still quoted in guineas, especially for fashionable consumer products (such as concertinas) and for professional fees. A few industries still use the guinea as a denomination despite the fact the coin was discontinued, and in 2014, it equals 1 pound and 5 pence. It was the first English gold coin to be produced by a machine. The £ is an l which comes from the initial letter of librum (Latin for pound). A guinea is one pound one shilling: £1-1s-0d ; In the movie warhorse joey was bought for 30 ginnys . Back to Frink Server Pages documentation. The data used in this currency converter comes from our historical records such as those of the royal household and Exchequer. How much is 30 guineas - Answers. A few industries still use the guinea as a denomination despite the fact the coin was discontinued, and in 2014, it equals 1 pound and 5 pence. These documents may record large purchases by government institutions rather than ordinary retail prices, and wages of skilled craftsmen rather than the general level of earnings.