1 Cash - Frederik III

The Danish East India Company's Tranquebar settlement on the Coromandel Coast used lead cash precisely because the metal was abundant, cheap to procure locally, and matched the small-denomination coinage already familiar to Indian traders. Frederik III came to the Danish throne in 1648 following the death of his father Christian IV, inheriting a state nearly bankrupted by the disastrous wars with Sweden — the Company's Indian operations were one of the few revenue streams still functioning.

Lead coinage of this type circulated almost exclusively within Tranquebar itself. Few examples survived in collectible condition; the metal corrodes aggressively in tropical humidity.