4 Cash - Christian VII

Tranquebar, Denmark's coastal enclave on the Coromandel Coast, produced this piece under the authority of the Danish East India Company — the Asiatisk Kompagni — which had held the settlement since 1620. The cash denomination was a local Tamil unit of account, and Danish minting here was a practical concession to the realities of small-denomination trade in South India, where European coinage carried no traction in the bazaar.

The .2 variety distinction in KM#154 typically reflects die differences in the castle rendering on the reverse, a detail that has attracted serious specialist attention given the relatively short window of Tranquebar copper production.