Life Union Corporation, Business, Guinea
at www.life-union.com/2/guinea.htm
2016c sterling silver represented by the weight of 1 gold coin of 11/12 gold, 1/24 siliver, and 1/24 copper.
2016*.925 = 1864.8c silver = 11.3550591 troz silver at 13.78 usd/troz = $156.472714
2016*.075 = 151.2c copper = 0.0631323751 pounds copper at $1.4736 usd/lb = $0.0930318679
156.472714+0.08930318679 = $156.562017 usd
11/12 = 0.916666667
1/24 = 0.0416666667
11/12 troz gold = $868.908334
1/24 troz silver = 0.041666666*13.78 = $0.574166657
1/24 troz copper = 0.00285714286 pounds at 1.4736 = $0.00421028572
868.908334+0.57416667+0.00421028572 = $869.486711 usd/troz of 11/12 gold, 1/24 silver, 1/24 copper
156.562017/869.486711 = 0.180062576 troz coin = 5.60057216 grams = 29.571021c total weight
64.9284311 total coins per 1920c weight, so 65 coins per british pound of the 11/12 or 22 karat gold.
so 5.55362487 coins per troy ounce 22 karat gold
this gives 6.05849987 coins per troy ounce fine gold and 133.286997 coins per fine ounce silver and 1943.7687 coins per pound copper.
$4800/156.562017 = 30.6587772 so about a 30 or 31 times markup on metal price.
1 guinea = $156.562017
1 penny = 156.562017/252 = $0.621277845
1 farthing = 0.621277845/4 = $0.155319461
1 wampum = 0.62177845/6 = $0.103546308
1 saki = 0.62177845/3 = $0.207092615
1.45 of these guineas = the 44.5 guineas per british pound system.
this is 65 guineas per british pound of 11/12 or 22 karat gold for the 21 shillings system.
*6 wampum = 1 penny, 240 pennies = 1 pound, 252 pennies = 1 guinea, 1512 wampum = 1 guinea, 378 inches, 9601.2 mm, 960.12 of 10x4mm beads, $5040. including MA sales tax = 1 guinea, $4800 not including MA or any sales tax. 9601.2 mm = 31.5 feet = 5.25 fathoms = 2.625 mark twain stripes and white = 1.3125 mark twain dark purple = 480 dark purple beads 10x4mm = 342.857143 of 18x13 cabs at $14 each, at this price gets the wholesale of $7 each = 685.714286 cabs.
Updated February 11, 2009 M