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1 Cent - George V

Issuer Straits Settlements
Year 1919-1926
Type Standard circulation coin
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Reverse description The denomination 1 CENT appears in the centre of the design, enclosed within a raised beaded circle. The date of issue is positioned beneath the central circle in the lower field, while the issuing authority STRAITS SETTLEMENTS arcs in a semicircular legend above the beaded circle. The plain field between the legend and the square border is unadorned.
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Mintage 1919 - - 20,165,000
1919 - Proof -
1920 - - 55,000,000
1920 - Proof -
1926 - - 5,000,000
Additional information

The Straits Settlements cent of this period was produced in London at the Royal Mint, the colony lacking any local minting infrastructure. Demand for small change in the Straits was chronic — the entrepôt economy of Singapore and Penang generated enormous volumes of petty transactions that banknotes couldn't serve. Bronze cents circulated hard and wore fast in the humid equatorial conditions, which is why survivors in presentable condition are consistently undervalued relative to their actual scarcity.

KM#32 spans the postwar years through the mid-1920s, a period when tin revenues from the Federated Malay States were funding colonial administration at scale. The 1920 issue saw a notably elevated mintage driven by post-WWI commercial recovery.

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