I think we x-posted, Jim. No worries.
Anya ,'Showtime'
All Ogle, No Cash -- It's Not Just Annoying, It's Un-American
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I remember how much it confused me when I was reading E. Nesbit. And some time in my childhood I ordered a wooden doll from Pollack's and did my best to convert U.S. dollars to L.s.D and got it all wrong.
A pound was twenty shillings (a guinea twenty-one)
That was the one that always confused me the most, especially when reading Edith Nesbit, because until I finally could come around to a guinea having pretty much the same value of a pound, it didn't.
[Edit: E. Nesbit x-post with Betsy, at least I was in good company]
And in Australia, when we decimalised our old pound turned into two dollars, so for us 1 shilling = 10 cents.
Props for mentioning E Nesbit. My favourite author as a child (along with Ransome).
Also props for mentioning poor old Planty Pal.
In Aus we also had a Florin which equalled 20 pence.
We had ha'penny, penny, threepence, sixpence, shilling, florin, and a crown, which equalled 5 shillings.
So, okay, it was the bobs and crowns and guineas that I couldn't figure out. Why was there both a pound and a guinea, if they were so close in value? Was one the elder, and on its way out, while the other was on its way in? Especially considering the guinea works with odd/prime factors like 3 and 7, while the pound is a nice, likeable 2x2x5 nominator.
I mean, if you're gonna have money, have conveniently mathy money! Good, even fractions!
(M-W explains the "guinea" connection -- gold, Africa, vague, hand-wavy etymological link -- but not the logic of settling a divisible currency at an odd number.)
If you're going to have weights and measures, have conveniently mathy weights and measures!
People are just weird. There's no accounting for 'em.
IIRC, guineas were only used to price posh, luxury items--ie the price of a pair of silk gloves might be in guineas, or the account of a Harley Street doctor, but not the price of a leg of lamb. But that doesn't really explain thre reason for them.