1/2 Crown - Elizabeth II Waterloo: The End Approaches

The East India Company ceased to exist as a governing and trading body in 1858, dissolved by the British Crown in the aftermath of the Indian Rebellion. Its 21st-century resurrection as a luxury brand has since issued commemorative coinage under its own name — a legally registered entity, but one with no governmental authority whatsoever. These pieces circulate in no jurisdiction and carry no tender status under the Crown despite the "Elizabeth II" obverse designation.