The value of a gold Guinea coin can vary significantly depending on several factors, including:
- Gold Content: A Guinea coin is made of 22-carat gold and weighs 8.3 grams, containing 7.5 grams of pure gold. The intrinsic value of the coin is determined by multiplying this pure gold content by the current spot price of gold.
- Numismatic Value (Rarity and Collectibility): In addition to the gold content, the age, historical significance, and condition of a Guinea coin can significantly affect its value, potentially making it worth much more than its metal value alone.
Here are some examples of prices for Guinea coins that have been recently offered for sale:
- 1786 Britain George III Gold Guinea: Typically costs around $1300 USD.
- 1776 Gold Guinea King George III NGC MS61: Typically costs around $7297 USD.
- 1680 Gold Guinea Charles II NGC XF40: Typically costs around $8927 USD.
- 1739 Gold 2 Guinea King George II NGC MS 62: Typically costs around $45563 USD.
It’s important to note that the term “Guinea” is also used in other contexts, such as:
- Currency: Historically, a Guinea was a unit of currency in Britain worth £1.1s (one pound and one shilling) or £1.05 in modern decimal currency.
- Horse Racing: The term “Guinea” is still used in horse racing to describe values equivalent to £1.05.
- Guinean Franc (GNF): This is the currency of Guinea and has a different value than the gold Guinea coin or the historical British unit.
To determine the value of a specific Guinea coin, it’s recommended to consult with a reputable coin dealer or obtain a professional appraisal. They can assess the coin’s authenticity, condition, rarity, and current market demand to provide an accurate valuation.
How much is 1 guinea worth today in US dollars?
1 GNF = 0.000115 USD Aug 16, 2025 21:57 UTC.
Is a golden guinea 2 coin worth anything?
Sell: The Guinea coin has a collector value close to face value. If sold on eBay for the current high end estimate of £2.86 with cost price postage, envelope etc of £1, you would receive about £2.34 after eBay fees of £0.39 and PayPal fees of £0.13 are deducted.