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1 Pice for Malabar Coast

Issuer Bombay Presidency
Year 1705-1779
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Value 1 Pice = 1/4 Anna = 1⁄64 Rupee
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Obverse lettering VEIC
(Translation: United East India Company)
Reverse description The date is prominently displayed in large numerals at the center of the coin, set within a plain or dotted raised circle. The numerals are boldly rendered in a characteristically archaic style consistent with early eighteenth-century hammered copper coinage of the Bombay Presidency. The field beyond the circle is plain and unadorned. The overall execution is simple and functional, reflecting the utilitarian nature of this small-denomination trade coinage intended for circulation on the Malabar Coast.
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Additional information

The Bombay Presidency's Malabar Coast issues occupy an awkward corner of British Indian numismatic history — struck not by the Crown but by the East India Company during a period when the Company was still functioning as a trading enterprise rather than a governing power. The Malabar Coast came under Company control incrementally following the Anglo-Mysore Wars, and local coinage was essential for paying laborers and conducting petty trade in pepper and textile markets where indigenous currency systems were already entrenched.

The seventy-four year span attributed to KM#150 almost certainly reflects a single die type struck across multiple undated batches rather than continuous annual production.

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