Monday, November 26, 2012

EAST INDIA COMPANY QUARTER ANNA COPPER COIN WHICH IS ONE OF THE FIRST ISSUES UNDER THE COINAGE ACT 1835


1) EAST INDIA COMPANY QUARTER ANNA COPPER COIN WHICH IS ONE OF THE FIRST ISSUES UNDER THE COINAGE ACT 1835





In 1833  the Governor General Lord William Cavendish Bentinck approved  a plan by the Calcutta mint for standardizing the coinage of the British Empire in India, which was passed into an Act termed “The Coinage Act” by the Governor General Sir Charles Metcalf on August 17, 1835. The single coinage for the East India Company consisted of Copper coins (1/12 , quater and half annas), silvercoins ( quarter, half and one rupee) and gold mohurs (one and two rupees) . In 1841 silver two annas were added . This coinage continued even after the East India Company was taken over by the Crown and these coins were issued till 1862.

The quarter anna coin depicted here was one of the first issues under the standard coinage. It's details and dimensions are as under:

Quarter anna (Copper) : Plain edge: Size: 25.3/26.2 mm. Weight: 6.47 grams. Issue date: 1835.

The obverse side shows the Coat of Arms of the East India Company.

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