Two guineas (British coin)
Encyclopedia
What is nowadays known as the Two Guineas coin was first minted in 1664, in England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

, when it had a nominal value of forty shilling
Shilling
The shilling is a unit of currency used in some current and former British Commonwealth countries. The word shilling comes from scilling, an accounting term that dates back to Anglo-Saxon times where it was deemed to be the value of a cow in Kent or a sheep elsewhere. The word is thought to derive...

s and it was known as a forty-shilling piece, then it was later called a double-guinea or two guinea piece, worth forty-two shillings after the Proclamation
Proclamation
A proclamation is an official declaration.-England and Wales:In English law, a proclamation is a formal announcement , made under the great seal, of some matter which the King in Council or Queen in Council desires to make known to his or her subjects: e.g., the declaration of war, or state of...

 of 1717 finally settled the value of a guinea. The term "guinea" indicates the source of the gold used to strike the coin, i.e. from west Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

. For most of its period of production the coin weighed 16.7 - 16.8 grams and was 31-32 millimetres in diameter, although the coins of Charles II were about 0.1 grams lighter and 1 millimetre smaller.

Many of the coins produced up to 1694 have an elephant and/or castle beneath the monarch's head, indicating that the gold was provided by the Royal African Company
Royal African Company
The Royal African Company was a slaving company set up by the Stuart family and London merchants once the former retook the English throne in the English Restoration of 1660...

.

The two guinea coin was produced in 1664, 1665 (possibly only 1 coin), 1669, 1671, and 1675-1684 inclusive; until 1669 the weight limits were 16.6-16.8 grams, afterward 16.5-16.7 grams. The obverse and reverse of this coin were designed by John Roettier (1631-c.1700). The obverse showed a fine right-facing bust of the king wearing a laurel wreath, surrounded by the legend CAROLVS II DEI GRATIA, while the reverse showed four crowned cruciform shields bearing the arms of England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

, Scotland
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...

, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

, and Ireland
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...

, between which were four sceptres, and in the centre were four interlinked "C"s, surrounded by the inscription MAG BR FRA ET HIB REX date. The coin was considered too thin to have an edge inscription like the Five Guineas coin had, so to avoid confusion with gilded half-crown coins the edge was milled to deter clipping or filing (and to distinguish it from the silver half-crown which had edge lettering) -- until 1669 the milling was perpendicular to the coin, giving vertical grooves, while from 1671 the milling was diagonal to the coin.

John Roettier continued to design the dies for this denomination in the reign of King James II
James II of England
James II & VII was King of England and King of Ireland as James II and King of Scotland as James VII, from 6 February 1685. He was the last Catholic monarch to reign over the Kingdoms of England, Scotland, and Ireland...

. In this reign, the coins weighed 16.7 grams, and were only minted in 1687 and 1688. By the early part of this reign the value of the guinea had increased to nearly thirty shillings. The kings' head faces left in this reign, and is surrounded by the inscription IACOBUS II DEI GRATIA, while the obverse is the same as in Charles II's reign except for omitting the interlinked "C"s in the centre of the coin. The edge of the coins are milled diagonally.

With the removal of James II in the Glorious Revolution
Glorious Revolution
The Glorious Revolution, also called the Revolution of 1688, is the overthrow of King James II of England by a union of English Parliamentarians with the Dutch stadtholder William III of Orange-Nassau...

 of 1688, his daughter Mary
Mary II of England
Mary II was joint Sovereign of England, Scotland, and Ireland with her husband and first cousin, William III and II, from 1689 until her death. William and Mary, both Protestants, became king and queen regnant, respectively, following the Glorious Revolution, which resulted in the deposition of...

, and her husband Prince William of Orange
William III of England
William III & II was a sovereign Prince of Orange of the House of Orange-Nassau by birth. From 1672 he governed as Stadtholder William III of Orange over Holland, Zeeland, Utrecht, Guelders, and Overijssel of the Dutch Republic. From 1689 he reigned as William III over England and Ireland...

 ruled jointly by agreement as co-monarchs. Their heads appear conjoined on the two guinea piece in Roman style, with William's head uppermost, with the legend GVLIELMVS ET MARIA DEI GRATIA. In a departure from the previous reigns the reverse featured a totally new design of a large crowned shield which bore the arms of France in the first quarter, of Scotland in the second quarter, of Ireland in the third quarter, and of England in the fourth quarter, the whole ensemble having a small shield in the centre bearing the rampant lion of Nassau; the legend on the obverse read MAG BR FR ET HIB REX ET REGINA date. The weight tolerance of the coin in this reign was 16.7-16.8 grams. The two guinea coin of this reign was probably the work of James and/or Norbert Roettier and, apart from a rare issue in 1691, it was only produced in 1693 and 1694.

Following the death of Queen Mary from smallpox in 1694, William continued to reign as William III. The Two guinea coin was only produced in 1701, the design probably being the work of Johann Crocker a.k.a. John Croker, since James Roettier had died in 1698 and his brother Norbert had moved to France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 in 1695.

The coins of William III's reign weighed 16.7 grams. William's head faces right on his coins, with the legend GVLIELMVS III DEI GRATIA, while the reverse design of William and Mary's reign was judged to be unsuccessful, so the design reverted to that used by Charles II and James II, but with a small shield with the lion of Nassau in the centre, with the legend MAG BR FRA ET HIB REX date. The coin had a diagonal milled edge.

The reign of Queen Anne
Anne of Great Britain
Anne ascended the thrones of England, Scotland and Ireland on 8 March 1702. On 1 May 1707, under the Act of Union, two of her realms, England and Scotland, were united as a single sovereign state, the Kingdom of Great Britain.Anne's Catholic father, James II and VII, was deposed during the...

 (1702-1714) did not produce any two guinea coins until after the Union of England and Scotland, the coins being produced in 1709, 1711, 1713 and 1714. The obverse of the coin throughout her reign shows the left-facing effigy of the queen, with the legend ANNA DEI GRATIA. The design of the reverse was similar to that of the previous reign, with four crowned cruciform shields bearing the arms of England and Scotland joined, Ireland
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...

, and France, separated by sceptres and with a central rose, and the legend MAG BRI FR ET HIB REG date. With the union, the English and Scottish arms appear conjoined on one shield, with the left half being the English arms and the right half being the Scottish arms, and the order of arms appearing on the shields becomes England+Scotland, France, England+Scotland, Ireland. The centre of the reverse design shows Star of the Order of the Garter. The edge of the coin is milled diagonally.

George I
George I of Great Britain
George I was King of Great Britain and Ireland from 1 August 1714 until his death, and ruler of the Duchy and Electorate of Brunswick-Lüneburg in the Holy Roman Empire from 1698....

's two guinea coins were only struck in 1717, 1720, and 1726, and they bear his abbreviated Hanoverian titles in addition to the usual British, French, and Irish title. The obverse bears a right-facing portrait of the king with the legend GEORGIVS D G M BR FR ET HIB REX F D. The reverse follows the same general design as before, except the order of the shields is England+Scotland, France, Ireland, and Hanover, with the legend BRVN ET L DVX S R I A TH ET EL date -- Duke of Brunswick and Lueneburg, Arch-Treasurer and Elector of the Holy Roman Empire. The edge of the coin is milled diagonally, and the coins of this reign weighed 16.8 grams.

The value of the guinea had fluctuated over the years from twenty to thirty shillings, and back down to twentyone shillings and sixpence by the start of George's reign. A Royal Proclamation of December 1717 fixed the value of the guinea at twenty one shillings.
George II
George II of Great Britain
George II was King of Great Britain and Ireland, Duke of Brunswick-Lüneburg and Archtreasurer and Prince-elector of the Holy Roman Empire from 11 June 1727 until his death.George was the last British monarch born outside Great Britain. He was born and brought up in Northern Germany...

's two guinea pieces mark the last of the denomination. The series began in 1734, and was also struck in 1735, 1738-1740, 1748, and for the last time in 1753. The coins weighed 16.8 grams. In the early part of the reign the edge of the coin was milled diagonally, but from 1739 following the activities of a particularly bold gang of guinea filers for whom a reward was posted, the milling was changed to produce the shape of a chevron or arrow-head.

The obverse has a left-facing bust of the king (with an "intermediate head" in 1739 and 1740, and an older head from 1748), with the legend GEORGIVS II DEI GRATIA (GEORGIUS II DEI GRATIA in 1739 and 1740), while the reverse features a single large crowned shield with the quarters containing the arms of England+Scotland, France, Hanover, and Ireland, and the legend M B F ET H REX F D B ET L D S R I A T ET E -- King of Great Britain, France and Ireland, Defender of the Faith, Duke of Brunswick and Lueneburg, Arch-Treasurer and Elector of the Holy Roman Empire.

For other denominations, see British coinage
British coinage
The standard circulating coinage of the United Kingdom is denominated in pounds sterling , and, since the introduction of the two-pound coin in 1998, ranges in value from one penny to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 pence...

.

External links

  • British Coins - Free information about British coins. Includes an online forum.
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