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1 Cash - Frederik III

Issuer Danish India
Year 1650
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Currency Royalin (1730-1818)
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Obverse script Latin
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Reverse description The reverse bears the date of issue rendered as '50' (for 1650) alongside the abbreviated inscription 'P.P', standing for Sankt Peder og Sankt Poul (Saints Peter and Paul), the patron saints of the Tranquebar settlement. The numerals and letters are crudely arranged in the field, characteristic of the hand-struck lead coinage produced for local circulation in Danish India. The overall strike is weak and irregular, with the design elements unevenly distributed across the flan.
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Additional information

The Danish East India Company established its first permanent settlement at Tranquebar on the Coromandel Coast in 1620, and this lead cash was struck for local trade circulation there — not in Denmark. Lead coinage of this type was a practical concession to the Indian monetary environment, where small-denomination copper and lead pieces dominated everyday commerce. The Company needed fractional currency that local populations would actually accept.

Frederik III came to the Danish throne in 1648, just two years before this issue.

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