Catalog
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| Issuer | Compagnie des Indes (French East India Company) |
|---|---|
| Year | 1720 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rupee |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Edge | Log in to see details |
| Mint | Pondicherry Mint |
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| Additional information |
The Compagnie des Indes received its charter in 1719 under John Law's sweeping reorganization of French colonial commerce — the same financial restructuring that collapsed catastrophically in 1720 as the Mississippi Bubble. Coins struck that year exist in a peculiar administrative limbo: minted under a company whose metropolitan financial basis was disintegrating even as the dies were being cut in Pondicherry.
The fanon was a local unit of account rooted in South Indian trade custom, not French monetary tradition. Striking it in high-grade silver was a deliberate concession to the Coromandel Coast merchants who would accept nothing less.