Coinages
“Coinages” emphasizes the irony that gold coins recurrently needed to be weighed by consumers despite bearing stamps that attested to their legal weight. As guineas (and then sovereigns, from 1817), gold embodied the coin of the realm, and in the process divided society between those who could or could not afford to carry them in their pockets or store them in their bank. Before 1800, employers and landed elites almost exclusively comprised the former class, while the vast majority of the population struggled to find small change; after a twenty-year hiatus in which paper money mostly replaced gold, sovereigns made their debut in 1817, with a wider circulation that reflected rising standards of living. Although gold coins mainly signified economic power, social status sometimes appeared around the edges: for instance, in the survival of guineas after 1820 as the preferred denomination of doctors and lawyers.