lili
Active Member
How much for example would 5,000g be in pounds? And why do horses still get sold in this way in the UK/Ireland, anyone know?
Does anyone know the value of a Guinea?
- Thread starter lili
- Start date
vennessa
Well-Known Member
I think it is £5250. I have no idea why they are still sold in guinea's
AndyPandy
Well-Known Member
That sounds about right... 1 guinea is £1.05 I think.
Once upon a time "a guinea was considered a more gentlemanly amount than £1. You paid tradesmen, such as a carpenter, in pounds but gentlemen, such as an artist, in guineas". I guess that tradition has just stuck.
Once upon a time "a guinea was considered a more gentlemanly amount than £1. You paid tradesmen, such as a carpenter, in pounds but gentlemen, such as an artist, in guineas". I guess that tradition has just stuck.
Maesfen
Extremely Old Nag!
A guinea is £1.05. which is 21 shillings in old money or £1. 1 shilling.
Horses have always been sold at public auction in guineas as the one shilling from each guinea would be taken as commission by the auctioneers.
Sadly, their commission is a bit more nowadays!
Horses have always been sold at public auction in guineas as the one shilling from each guinea would be taken as commission by the auctioneers.
Sadly, their commission is a bit more nowadays!
Baggybreeches
Well-Known Member
Wot she said!
Spyda
Well-Known Member
Yes, I always thought a Guinea was £1.05 too.
cruiseline
Well-Known Member
LOL
I thought you were asking the price of a guinea pig!!!!!!! Was going to say the cost of some short crust pastry!!!!!!
Sorry, just my mood today
I thought you were asking the price of a guinea pig!!!!!!! Was going to say the cost of some short crust pastry!!!!!!
Sorry, just my mood today
Spyda
Well-Known Member
I am hiding my furries away from hearing such awfulness.... Pastry indeed!!!
cruiseline
Well-Known Member
Reminds me of a Freddy Star sketch
I really do like guinea pigs
S_N
Well-Known Member
[ QUOTE ]
A guinea is £1.05. which is 21 shillings in old money or £1. 1 shilling.
Horses have always been sold at public auction in guineas as the one shilling from each guinea would be taken as commission by the auctioneers.
Sadly, their commission is a bit more nowadays!
[/ QUOTE ]
DBS (Doncaster Bloodsotck) now sell in sterling!
A guinea is £1.05. which is 21 shillings in old money or £1. 1 shilling.
Horses have always been sold at public auction in guineas as the one shilling from each guinea would be taken as commission by the auctioneers.
Sadly, their commission is a bit more nowadays!
[/ QUOTE ]
DBS (Doncaster Bloodsotck) now sell in sterling!
LynneB
Well-Known Member
Hi Godiva!
Found this on a horse racing site
"Thoroughbreds are sold at public auction in Guineas (gns), one guinea equals £1.05. Traditionally horses were sold in this currency and the five pence from every guinea was taken by the Auctioneer as commission."
I bet they get more commission than that these days...
Found this on a horse racing site
"Thoroughbreds are sold at public auction in Guineas (gns), one guinea equals £1.05. Traditionally horses were sold in this currency and the five pence from every guinea was taken by the Auctioneer as commission."
I bet they get more commission than that these days...
volatis
Well-Known Member
last December Doncaster were selling in sterling but still only taking 5% commission, so no different from the old guinea days
rabatsa
Confuddled
The local horse sales sells in guineas and takes the entry fee and the shilling as commission.
pepperandoran
Well-Known Member
Yip iv just bought 3 sheep in guineas - instead of a £1 its £1.05.
The auctioneers usually keep the extra 0.05p. However the seller also pays a commission on the sale too!
The auctioneers usually keep the extra 0.05p. However the seller also pays a commission on the sale too!