Catalog
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| Issuer | British East India Company |
|---|---|
| Year | 1804 |
| Type | Standard circulation coin |
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| Obverse description | The heraldic coat of arms of the British East India Company occupies the central field, comprising a quartered shield supported on either side by a rampant lion. Above the shield rises a helm surmounted by a lion passant guardant holding a crown, flanked by two flagstaffs bearing pennants. A ribbon scroll in the lower field carries the Latin motto legend, with the curved inscription EAST INDIA COMPANY arranged along the upper periphery and the Gregorian date 1804 prominently displayed in the exergue below the arms. |
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| Edge | Plain |
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| Additional information |
The 1804 Penang kepings were struck at Matthew Boulton's Soho Mint in Birmingham under contract with the East India Company, part of the same broader reform effort that produced the famous Soho-struck coinage for Britain and its colonial possessions. The "thin flan" designation is not incidental — it distinguishes this issue from the heavier, thicker strikings of the same type, a variation that arose from production inconsistencies at Soho rather than any deliberate policy change.
Penang, ceded to the Company by the Sultan of Kedah in 1786, required its own token coinage because Spanish dollars and local tin currency created chronic small-change shortages in the port settlement.