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The Royal Mint has launched a 2013 UK £2 coin to mark the occasion of the 350th anniversary of the first striking of the Guinea coin. This is a UK coin first, as the anniversary of a circulation coin is celebrated on another.
The unusual name for this coin came from the Guinea region in West Africa, where much of the gold used to make the coins originated from. The Guinea enjoyed a rich history as the principal British gold coin issued from 1663 until the end of the Napoleonic wars. Originally struck as a 20-shilling or one pound coin, the Guinea’s value fluctuated with the price of gold, reaching some 30 shillings by the reign of William and Mary at the end of the 17th century. The Guinea was also the first English machine-struck gold coin, with its final year of production being 1815 when the United Kingdom officially adopted the Gold Standard and the dominant gold coin became the Sovereign from 1816.
Obverse
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Fourth crowned portrait of HM Queen Elizabeth II facing right, wearing the Girls of Great Britain and Ireland tiara. ELIZABETH·II·DEI·GRA·REG·FID·DEF |
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Reverse
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Depicts the heraldic shield of the Royal Arms used on the well-known Spade Guinea of George III reverse design from the 1798 Gold Guineas. It shows a crowned shield bearing the arms of England+Scotland, France, Ireland and Hanover. The once-used Hanoverian crest included on British coinage since 1714 upon the accession of King George I – the Hanoverian reference can clearly be seen towards the lower right quarter. The Spade Guinea was nicknamed for the shape of its shield that so resembled the humble garden tool. ·ANNIVERSARY·OF·THE·GOLDEN·GUINEA· |
Edge |
The edge inscription is taken from a collection of odes and lyrics by Stephen Kemble from 1809. WHAT IS A GUINEA? ’TIS A SPLENDID THING · |
2 Pounds
4th portrait
KM# 1241 Sp# K30
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Characteristics
Type | Commemorative Issue (Circulating) |
Material | Bi-Metallic |
Ring | Nickel Brass |
Center | Cupronickel |
Weight | 12 g |
Diameter | 28.4 mm |
Thickness | 2.5 mm |
Shape | round |
Alignment | Medal |
Mint |
Royal Mint
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