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Gold Coins of East India Company
Brief Historical Notes on East India Company
The East India Company was founded in the 17th century to open channels of trade between Britain and the East Indies (mainly India). It was later granted Royal Charter by Queen Elizabeth I allowing trade monopoly. EIC mainly traded in silk, spices, tea and timber.
EIC eventually governed three regions (presidency towns), Madras, Bombay and Bengal.
The Madras Presidency main industries were cotton ginning and weaving. Bombay presidency (now known as Mumbai) mainly dealt with the milling of cotton. The EIC eventually moved its headquarters to here in 1687.
Coinage
Each of the presidency towns issued their own coinage until 1835. The coinage in Bombay and Bengal presidencies were the Rupee. Madras presendancy dealt in Pagodas and Fanams to name a few. From 1835 to 1858 the EIC issued a unified coinage until the control of the EIC regions moved directly to the Britsih Crown.
2010 One Mohur Gold Proof Coin
This limited edition coin was produced by The Royal Mint and EIC in 2010 after the EIC relaunch earlier that year.
Obverse
The obverse of the coin shows the EIC merchants mark, one of the first commerical logos to be produced.
Reverse
The reverse of the coin shows a Lion and a Palm Tree (tree of life) as seen on the orginal Mohur coins. Writing is shown both in English and Urdu as the orginal. This was most probably to facilitate trading with the two countries at the time.
Prices & Availability
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Date | Denomination | Description | Mintage | Grade | Availability | Price £ | Price $
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| 2010
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One Mohur |
Limited Issue |
1000 |
Proof |
Yes |
£595* |
$Ask |
*Based on the live gold price at £755 per troy ounce. Please contact us prior to ordering for an up to date price.
Specifications
Postage & Packing
UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order
Coins Wanted
We make an active market in almost all world coins, gold or otherwise, including El Salvador gold coins. If you have any of these coins to sell, please contact us, or post them to us for appraisal and offer.
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