1 Cash - Frederik III

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.