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1 Piastre - Christian VII Danish Asiatic Co. Trade Coinage

Issuer Danish Asiatic Company
Year 1774
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Value 1 Piastre
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Obverse description Crowned three-part quartered shield displaying the royal arms of Denmark, Norway, and the Wends and Goths, centrally positioned in the field. The shield is surmounted by an elaborate royal crown. A continuous Latin legend encircles the shield along the rim, identifying King Christian VII with his full royal titulature. The heraldic design is executed in high relief with fine engraving detail consistent with the milled coinage of the period.
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Reverse description A crowned globe-shaped shield bearing the combined arms of Denmark and Norway is positioned centrally between two crowned columns, closely imitating the design of the Spanish milled 8 reales or 'pillar dollar.' Below the arms and pillars rises a mound bearing three banners representing the Danish Atlantic territories of Greenland, Iceland, and the Faroe Islands. The king's motto appears as a legend along the rim, with the date 1774 inscribed in the lower field beneath the mound. The overall composition deliberately evokes the universally recognized Spanish colonial trade dollar format.
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