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OP Guinea Sir Robert Holmes, in 1666, captured in Schelling Bay 160 Dutch sail, containing bullion and
gold-dust from Cape Coast Castle in Guinea. This rich prize was coined into gold pieces, stamped with an
elephant, and called Guineas to memorialise the valuable capture. (See Dryden: Annus Mirabilis.)
Guinea. The legend is M. B. F. et H. Rex. F. D. B. L. D. S. R. I. A. T. et E. - Magnę Britainnię,
Francię, et Hibernię Rex; Fidei Defensor; Brunsvicensis, Lunenburgensis Dux; Sacri Romani Imperii
Archi Thesaurarius et Elector.
Guinea-pieces = 21s. were first coined in 1663, and discontinued in 1817. The sovereign coined by
Henry VII. in 1480 was displaced by the guinea, but recoined in 1815, soon after which it displaced the
guinea. Of course, 20s. is a better decimal coin than 21s.
I often wondered how the coin got its name.
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