Central Banking

UK's Royal Mint brings back golden guinea to mark 350th anniversary

golden-guinea

The UK's Royal Mint has revealed the design of a new £2 coin based on the guinea, a gold coin used in the UK from 1663 to 1813. The £2 coin marks the 350th anniversary of the guinea's first striking.

The design of the new coin is based on the ‘Spade Guinea' of 1787, bearing the spade-shaped arms of King George III, who was then king of England. The edge of the coin bears the inscription ‘What is a guinea? ‘Tis a splendid thing!', a line taken from a poem entitled "A Guinea" by Stephen Kemble, pu

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