East India Company Coins of British India

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1835 east india company quarter anna, part of unified coinage introduced year.


the english east india company granted royal charter queen elizabeth allowed trade monopoly eastern countries including sumatra, java, , india. territories governed east india company divided 3 major administrative regions: madras presidency in south, bombay presidency in west, , bengal presidency in east. of north, however, long time continued remain under control of mughal emperor, , later, local rulers including marathas , rajputs. each of 3 presidencies under east india company governance issued own coins until unified coinage throughout territories introduced in 1835. presidency issues imitated local issues , mughal design in order gain wider acceptance native population.


early european style coins not popular outside jurisdiction of respective settlements. in spite of having own mints, eic either sent bullion mughal mints or forged common coins of contemporary mughal emperor. in 1717, eic obtained rights strike coins in name of mughal emperor farrukhsiyar on island of bombay.


madras presidency

the major mints in west responsible issuing coins east india company included surat, bombay (mumbai or munbai), , ahmadabad. 1621 till 1800, english sent precious metal bullion surat mint, controlled nawab, coined local gold mohurs , silver rupees. surat mint unable meet required production rate, silver sent ahmadabad mint in 1636. during later years, ahmadabad mint struck rupees bombay presidency in name of muhammad akbar ii dates 1233–1241 ah (1817–1825 ce).


in december 1672, east india company started mint in bombay , european style gold, silver, copper, , tin coins struck. gold coin named carolina, silver coin anglina, copper copperoon, , tin coin called tinny. exchange rate set @ 11 tiduckone copperoon , 48 copperoons 1 anglina. no gold coins (carolinas) struck until 1717. obverse of silver , copper coins showed inside inner circle arms of company, , within outer circle legend hon:soc:ang:ind:ori, honorabilis societas anglicana indiarum orientalium, or honourable english east india company . reverse of these coins had inscription mon bombay anglic regims a° 7° in centre , legend deo pax & incrementvm around it.


after issuing coins east india company number of years, surat mint came under direct control of company in 1800. gold mohurs, silver rupees, , fractional values struck in name of mughal emperor shah alam ii bearing frozen regnal year 46. surat mint closed down in 1815. number of privy marks consisting of dots, crescents, , crown-like symbols used , helpful in correct attribution of striking period , mint.


copper coinage : english machine stuck , local dump issues


machine milled issues


malabar coast issues


bengal presidency

double mohur


even though british had established trading post @ fort william (in modern-day kolkata), bengal presidency acquired proper form after battle of buxar in 1764. outcome of indian defeat, shuja-ud-daula of oudh , mughal emperor shah alam ii signed treaty of allahabad, granting east india company rights collect revenues large parts of eastern india. bengal presidency issues stuck under name of mughal emperor alamgir ii, , later shah alam ii. monetary system followed (which indian standard till 1 april 1957) was,



1 pie = 1/3 pice = 1/12 anna
1 pice = 1/4 anna = 1/64 rupee
1 anna = 1/16 rupee
15 rupees (approximately) = 1 mohur




^ g. findlay shirras (1920). indian finance , banking. macmillan , company, london. https://books.google.com/books?id=uvqiaqaamaaj
^ cite error: named reference gupta invoked never defined (see page).
^ colin r. bruce ii, et al. (editors) (1981) standard guide south asian coins , paper money since 1556 ad (iola: krause publications, isbn 0-87341-069-6), pp. 272–306
^ fred pridmore (1975). coins of british commonwealth of nations (to end of reign of george vi, 1952). part 4: india, volume 1: east india company presidency series c1642 – 1835. spink , son ltd, london.






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