Catalog
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| Issuer | Madras Presidency |
|---|---|
| Year | 1740-1807 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | 12 mm |
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| Obverse description | Standing figure of Lord Vishnu facing forward in the center of the field, depicted in stylized form with attributes held in each hand, flanked on all sides by a granulated border of raised pellets arranged in a circular pattern around the deity, filling the field to the coin's edge. |
|---|---|
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| Edge | Plain |
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| Additional information |
The Madras Pagoda was not a British invention — it was inherited. The East India Company continued striking it because the coin was already trusted currency across the Coromandel Coast, where it had circulated under successive South Indian dynasties for centuries. Discontinuing it would have been commercially suicidal. The Company simply took over the dies and the denomination, minting at Madras under arrangements that blended colonial administration with deep local monetary habit.
Production finally ended when Company currency was rationalized following the 1806 reforms that pushed toward a unified rupee standard across presidencies.