Thursday

British -East India Company.

British East India Company (1600- 1857 AD) formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter on Dec. 31, 1600. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid 19th century. After 1857 Indian mutiny, crown of England took over the administration of India from East India Company and ruled India till it got independence in 1947.



Copperoon,( Paisa ) English East India Company ,Bombay Presidency, 1674 AD



The earliest pice struck for circulation in Bombay by the English East India Company, i.e. in the time of Charles II . British struck their first coins in Bombay in European style , Their gold coins were named " Carolina ". silver coins “Anglina “ ,from the name ”  England “, their Pice “Copperoon “as they were copper coins . And tin coins  "Tinny". The exchange rate was set at 11 Tinnys =1 Copperoon .and 48 Copperoon =1 Anglina , no gold coins ( Carolinas ) were struck until 1717 AD .


Obv: MON / BOMBAY / ANGLIC / REGIMS / A°9° (1674) (Means Money of Bombay Anglican Regime )   in five lines, within a doted circle, surrounded by an inscription: A: DEO: PAX: & INCREMENTVM 


Rev: The Shield of Arms of the Honorable East India Company within a doted circle surrounded by an inscription: HON: SOC: ANG : IND : ORI : is abbreviated Latin for -" Honorable society  of England for East Indies Trade .

 The Island of Bombay was handed over to Charles II( English Prince ) by Portuguese in the year of 1665 as a part of dowry and regnal year shown in the coin should be counted from 1665 .

 So  Anno 9 means  . 1665 A.D + 9 = 1674 AD



































Madras Presidency , Copper Cash - 1731 AD
Obv: A heart shield surmounted by a 4. Triply divided with a letter in each compartment (E - I - C) abbreviation for East India Company. A wavy line above.
Rev: 1731 inside dotted circle .















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