Gold guinea

Definition and stakes

1911 Encyclopædia Britannica, Volume 12… (1911)

“ GUINEA, a gold coin at one time current in the United Kingdom. It was first coined in 1663, in the reign of Charles II., from gold imported from the Guinea coast of West Africa by a company of merchants trading under charter from the British crown—hence the name. Many of the first guineas bore an elephant on one side, this being the stamp of the company; in 1675 a castle was added. Issued at the same time as the guinea were five-guinea, two-guinea and half-guinea pieces. The current value of the guinea on its first issue was twenty shillings. ”
Source: Wikisource

Portrait of A. E. Pratt A. E. Pratt,  Two Years Among New Guinea Cannibals

“ I did not see sheep in New Guinea at all, but goats were met with at Hall Sound, although they are not raised in any great numbers. On Yule Island the pasturage is splendid, and drought, that terror of the Australian squatter, is by no means frequent.
Turning to the mineral wealth, for the past five years gold workings have been carried on at the Yodda Fields, on the Mombare River, in the north-east portion of the island. The gold is alluvial.
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Source: Gutenberg

Portrait of A. E. Pratt A. E. Pratt,  Two Years Among New Guinea Cannibals

“ When it is remembered that the price of provisions at the Yodda Camp is prohibitive, it is not an extravagant assumption to compute that each man must be turning out at least three ounces of gold per week to make it worth his while to remain. There are other workings in the Woodlark Islands, and there are certainly evidences of gold everywhere in the streams of New Guinea. It does not seem likely that the miners are turning their earnings to the best account at the present time. ”
Source: Gutenberg

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