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1/4 Dollar - Penang

Uitgever British East India Company
Jaar 1788
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Gewicht 6.71 g
Diameter Log in om details te zien
Dikte Log in om details te zien
Vorm Log in om details te zien
Techniek Log in om details te zien
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Beschrijving voorzijde Central design featuring a heart-shaped cartouche formed by two interlocking diagonal bands, enclosing the initials 'EIC' (East India Company) in bold relief. The numeral '4' appears above the cartouche and the date '1788' is divided to either side, with '17' to the left and '88' to the right. A six-pointed star mint mark is positioned below the cartouche in the lower field. The overall composition is rendered in a bold, primitive engraving style characteristic of early Penang colonial coinage.
Schrift voorzijde Log in om details te zien
Opschrift voorzijde 4 VEIC 1788
Beschrijving keerzijde Log in om details te zien
Schrift keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Rand Log in om details te zien
Muntplaats Log in om details te zien
Oplage Log in om details te zien
Aanvullende informatie

The Penang coinage of 1788 was among the first currency officially struck for a British settlement in Southeast Asia — Prince of Wales Island (modern Penang) having been ceded by the Sultan of Kedah to Francis Light just the year before. The East India Company authorized a local coinage almost immediately, an unusual move that reflected the settlement's intended role as a free port rather than a purely extractive trading post.

KM#6.2 is distinguished from the related 6.1 variety by its die characteristics. Light himself was reportedly the driving administrative force behind getting coin into circulation quickly, as barter and a chaotic mix of foreign specie had dominated the port from its founding.