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Christian IV cash HO/PO

Issuer Danish India
Year
Type Standard circulation coin
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Obverse script Latin
Obverse lettering C4
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Additional information

Issued for the Danish trading settlement at Tranquebar (Tharangambadi) on the Coromandel Coast, this lead cash was produced for local small-denomination exchange in a colony Denmark held, improbably, from 1620 until 1845. Lead coinage of this type was a pragmatic concession to local monetary custom — copper and silver were too valuable for the fractional transactions the settlement's markets demanded.

The HO/PO privy marks distinguish the issuing authority on pieces that otherwise circulated alongside Mughal and local South Indian coinage. Christian IV never visited Tranquebar; the colony was administered through the Danish East India Company, which lost its charter in 1650 and left the settlement in Crown hands.

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