Coins of British India Since 1835

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    Coins of British India since 1835

    Lalita Mathur

    The epoch-making reform of British Indian coinage took

    place in 1835. On the recommendation of James Prinsep,

    the father of Indian paleography and numismatics, the

    weight, size and fineness of coins of all metals and

    denominations were standardised in that year. Thus the

    mohar in gold, the rupee in silver and the quarter- anna

    in copper were all struck in a uniform weight standard.

    Previously there were in use numerous coins of varying

    weights, sizes and fineness that were prevalent.

    A chronological study of minting activities in India

    from 1835 to 1947, that is, from the days of King William

    1V to George V1, shows that during this period the rupee,

    Indias standard monetary unit, gained international

    popularity, so much so that rupee coins were being struckeven in places far away from India, such as German East

    Africa, Italian Somaliland, Java, Mauritius etc..

    WILLIAM IV

    William IV ascended the throne of England on June 26,

    1830. Though he had very little to do with the actual

    government of the Indian territories, since the Board ofDirectors of the East India Company were exercising real

    power, coins in India were struck in his name under the

    auspices of the East India Company. It was during his

    reign that Indian currency saw its most remarkable

    reform.

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    Coins were minted in three metals gold, silver and

    copper. The gold and silver coins were milled ( machine

    made ), while the copper ones were unmilled. Coins of all

    metals bore the date 1835, though, struck between theyears 1835 and 1839.

    There were different designs for coins of different

    metals. While the obverse of both gold and silver coins

    bore the effigy of the King, that of the copper coins

    depicted the companys Coat-of-Arms.

    On the other hand, the reverse of the gold coins had

    the figure of a Lion, while that of the silver and copper

    coins bore a laurel wreath , The Companys Coat-of-

    Arms consisted of a crossed shield with two supporting

    Lions on the left and right and a crest lion on the top

    flanked by two Union Jacks. A scroll below the shield had

    the Companys motto written in Latin. AUSPIGIO REGIS

    ET SENATUS ANGLIE ( Auspicious Reign and English

    Senate or Council).

    The reverse of the gold coins bore the figure of the

    lion, an appropriate type of sovereignty, completely

    localized by the ever flourishing Palm, an Asiatic, though

    ancient, emblem of perpetuity. The reverse of the silver

    and copper coins had, in the centre, the value of the

    respective denominations in English and Persian,encircled by a laurel wreath above which was inscribed

    EAST INDIA COMPANY.

    VICTORIA ( 1819 1901)

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    Three series of coins were minted in India during

    her long reign of 64 years. The First Series of

    Victorian coin (1840 to 1861) were issued under

    the auspices of the East India Company andfollowed the pattern of the William IV coinage. The

    types were Bust and Lion for gold, Bust and

    Wreath for silver, Coat-of-Arms and Wreath for

    copper.

    The Second Series were struck 1862 to

    1876. Irrespective of the metal, they bore theQueens Crowned Bust with the legend written in

    two parts VICTORIA to the left and QUEEN to the

    right. The name of the East India Company

    disappeared from the reverse, and instead the

    name of the issuing country, INDIA. was

    introduced. The value and dates were written inEnglish only, within newly designed floral wreaths.

    Two new denominations in gold two-third and the

    one-third mohars equivalent to 10 and 5 rupees

    respectively, were introduced in 1870.

    Rumour has it that certain microscopic dots

    were seen on the rupee coins of 1862. It wasbelieved that a master forger had most

    meticulously minted a few lakh rupees and put

    these dots as his private marks, each dot denoting

    each lakh of coins he had counterfeited. The

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    actual position was cleared in 1939, when it came

    to be known that all these 1862 coins had been

    produced by government mint between 1862 and

    1873. The dots were the secret marks of the mintsto denote the particular years of minting. Coins

    struck in 1862 itself did not bear and dots, while

    those struck in 1863 bore only one dot, those in

    1864 had two dots, those in 1865 had three dots,

    and so on. This curious but secret arrangement

    evolved from the system of the Sonat Rupees(or, rupees of years from which the mints of Indian

    Princes derived their profits). New rupees were

    apparently issued at a premium, which diminished

    annually for a few years and eventually became

    Sonats (or of standard value). From 1874 the

    practice of putting dots on rupee coin for denoting

    the actual year of mintage was discontinued.

    The Third Series of Victorias coin started with

    her assumption of the epithet, EMPRESS, on

    January 1st 1877. Irrespective of metals, coins of

    this series were exactly like their Second Series

    counterparts. The only change was with regard to

    the epithet, which was now empress instead of

    Queen.

    EDWARD VII (1901 1910)

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    No gold coins were issued during his reign. There

    were four denomination in silver and three in

    copper. But a coin in a new metal and of a new

    denomination was issued in 1907. This was thecupro-nickel one-anna coin with a scalloped edge,

    composed of 75 percent copper and 25 percent

    nickel.

    GEORGE V ( 1911 1936)

    George V had two coronations one in Londonon June 22, 1911, and again, in December of the

    same year when he visited India, a Coronation

    Durbar was organized at Delhi. Coins were struck

    in the name of George V from 1911 to 1936. A

    special gold 15 rupee piece was issued only once in

    1918 for paying the price of wheat purchased from

    the Punjab. Interestingly, the thrones used by King

    George V and Queen Mary at the Delhi Durbar

    were cast in silver at the Calcutta mint. 96,000 old

    rupees were melted for the purpose.

    All the coins of George V bear his crowned buston the obverse. Only the reverse designs call for

    special attention. The floral design of the 15 rupee

    gold coin was new, while that of the silver coin was

    adopted from the floral design of 1910 pattern

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    rupee of Edward VII. The reverse design of the

    cupro-nickel coins followed the pattern of the one

    anna coin of Edward VII, the respective values in

    English were enclosed in square scrolls, on the fourouter sides of which were also written in Urdu,

    Hindi, Bengali and Telugu.

    While the wreaths of the gold and bronze coins

    were merely ornamental, that of the silver coins

    represents the interlacing of the three floral

    emblems of the United Kingdom of Great Britain,Scotland and Ireland The Rose of England, the

    Thistle of Scotland and the Shamrock of Ireland

    all surrounded by the floral emblem of India the

    Lotus.

    EDWARD VIII

    No coins were struck in his name because he

    abdicated before his coronation in 1936.

    GEORGE VI (1895 1952)During the reign of George VI India attained

    freedom from British rule on 15th August, 1947,

    after which date British coins were discontinued.

    During the brief sway of George VI prior to

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    Independence several experiments were carried

    out with coining metals. While no gold coins were

    issued, silver coins of the denomination of rupee,

    half-rupee and quarter rupee bearing the kingscrowned head and floral design were sparingly

    minted with the date 1938. All these coins had

    straight milling like their counterparts issued since

    1835. Besides English and Urdu, Hindi was also

    used to express the value of these coins.

    With the issue of the 1946 47 periodultimately came the end of British coinage in India,

    but its legacy continues, and the government of

    free India started issuing in 1950 a new series of

    coins in precisely the same metals and of the same

    denominations, only with suitable changes in the

    obverse and reverse designs.

    BIBLIOGRAPHY

    E J Rapson: British Museum Catalogue of

    Coins, (Reprint) New Delhi, 1975.

    C J Brown: The Coins of India, London, 1962.

    J Allan: Catalogue of the Coins of India in the

    British Museum, London, 1914.

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    A Cunningham: Coins of Alexanders

    Successors in the East.

    V A Smith: Catalogue of Coins in the IndianMuseum, Vol.I (Reprint) Varanasi, 1972.

    R B Whitehead: Punjab Museum Catalogue

    Vol.III

    K D Bajpai: Indian Numismatic Studies, New

    Delhi 1976.

    A N Lahiri: Corpus of Indo-Greek Coins,

    Calcutta 1965.

    JOURNALS

    Journal of the Royal Asiatic Society of GreatBritain and Ireland.

    Journal of Numismatic Society of India.

    Journal of Indian History.

    Numismatic Notes and Monographs

    (Numismatic Society of India)

    The Numismatic Chronicle.

    The British Numismatic Journal - 1909, 1913

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    WEBSITES

    Jfcampbell.us/india/links.htm

    www.bharatcoins.com/britishindia _coins

    www.rbi.org.in/currency/museum

    www.angelfire.com.

    en.wikipedia.org/wiki/British_Indian_coins. www.indian-coins.com

    British India Coinage

    Coins of William IV

    Description Obverse Reverse

    http://www.bharatcoins.com/britishindiahttp://www.rbi.org.in/currency/museumhttp://www.angelfire.com/http://www.indian-coins.com/http://www.rbi.org.in/currency/museumhttp://www.angelfire.com/http://www.indian-coins.com/http://www.bharatcoins.com/britishindia
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    Rupee One, Silver

    Half Rupee, Silver

    Quarter Rupee, Silver

    Half Anna, Copper

    Quarter Anna, Copper

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    Half Pice, Copper

    Coins of Queen Victoria (Young Bust)

    Description Obverse Reverse

    Two Annas, Silver

    Quarter Rupee, Silver

    Half Rupee, Silver

    One Rupee, Silver

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    One Mohur

    Coins of Queen Victoria (Mature Bust)

    Description Obverse Reverse

    One Twelfth Anna, Bronze

    Half Pice, Bronze

    Quarter Anna, Bronze

    Half Anna, Bronze

    Two Annas, Silver

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    One Fourth Rupee, Silver

    Half Rupee, Silver

    One Rupee, Silver

    One Mohur

    Coins of Queen Victoria (Empress)

    Description Obverse Reverse

    One Twelfth Anna, Bronze

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    Half Pice, Bronze

    Quarter Anna, Bronze

    Half Anna, Bronze

    Two Annas, Silver

    One Fourth Rupee, Silver

    Half Rupee, Silver

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    One Rupee, Silver

    Coins of Edward VII

    Description Obverse Reverse

    One Twelfth Anna, Bronze

    Half Pice, Bronze

    One Quarter Anna, Bronze

    One Anna, Copper-Nickel

    Two Annas, Silver

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    One Fourth Rupee, Silver

    Half Rupee, Silver

    One Rupee, Silver

    Coins of George V

    Denomination Obverse Reverse

    1/12 Anna (One Pie)

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    1/2 Pice

    1/4 Anna (1 Pice)

    One Anna

    Two Annas

    Quarter Rupee

    Half Rupee

    One Rupee

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    Fifteen Rupees

    Major Design Change

    Two Annas

    Four Annas

    Eight Annas

    Coins of George VI

    Denomination Obverse Reverse

    1/12 Anna (One Pie)

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    1/2 Pice

    1/4 Anna (1 Pice)

    Half Anna

    One Anna

    Two Annas

    Quarter Rupee

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    Half Rupee

    One Rupee, Silver

    Major Design Changes

    One Pice

    One Rupee, Quaternary

    One Rupee, Nickel

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