The East India Company is living proof of Sir Walter Raleigh’s (1614) prophetic words: “whosoever commands the sea, commands the trade, whosoever commands the trade of the world commands the riches of the world and consequently the world itself,” as they rapidly became a trading force to be reckoned with.
And coins were one of the key ways the company managed trade across the globe.
At its peak the EIC was single-handedly responsible for half the world’s trade, including cotton, silk, spices, opium and tea.
Remarkably, the East India Company is still trading today. And they have just authorised a set of limited edition Gold coins paying tribute to the most important coins in their history.
Here is the story behind the coins…
Portcullis Money – 1601 (Throughout the Empire)
Ordered by Queen Elizabeth I to facilitate increased commerce on behalf of the British Crown and to compete against the widely used Spanish Real. These were the first coins issued for the British Empire outside of England’s normal coinage.
The Cartwheel Penny – 1797 (Australia)
The Cartwheel Penny was the first British coin to be exported to Australian Colonies. It was introduced to help curb Britain’s chronic coin shortage which was impacting economic growth. Specially designed to prevent counterfeiting, and the thick rim and inscription led to the pennies being informally named ‘The Cartwheel Penny’.
The Elephant and Castle Guinea – 1663 (Throughout the Empire)
The guinea is regarded as the most successful trade coin, exponentially increasing British and local trade wherever it was introduced. This Guinea was the first British machine-struck coin, and adopted its name from where the gold was mined from.
The Company Rupee – 1833 (India)
The Rupee is one of the world’s oldest systems of money. It was adopted by the East India Company upon its arrival in the East, and soon became one of the company’s most important coins and means for trade. In 1833 reforms to the Indian weights and measures led to coinage in India changing from the Sicca to the standard ‘Company Rupee’.
The Rix Dollar – 1821 (Sri Lanka)
Great Britain sought to develop Ceylon’s (Sri Lanka’s) economy and increase trade to and from Europe. As a part of this aim The Rix Dollar was struck specifically for use in Ceylon. Designed by Benedetto Pistrucci, who is also responsible for the now iconic rendition of St. George slaying the Dragon which features on British Sovereigns.
The British Trade Dollar – 1839 (The Orient)
To facilitate the trade of their most lucrative commodities, namely tea and opium a trading post in Canton, China was established. During the Trade Wars Great Britain found itself having to rely more and more on its own silver coinage, and this paved the way for one of the most distinctive silver British coins in numismatic history to be struck: the British Trade Dollar.
Hog Money – 1609 (Bermuda)
In order to develop Bermuda’s prosperous economy King James I granted permission to mint coins, which resulted in the issuing of Hog Money, inspired by the wild hogs previously introduced to the island, it’s the first English coin to be minted specifically for use in North America.
The St Helena Halfpenny – 1821 (St Helena)
In 1815 St Helena’s economy benefited from the arrival of the former French Emperor, Napoleon, during his second exile, as the famous prisoner brought with him an entourage of British troops, effectively doubling the islands population and prosperity. As the economy swelled, St Helena’s first local coins were introduced.
The Nova Scotia Penny – 1823 (Canada)
Prior to the Canadian Confederation in 1867 many provinces issued their own coinage. However in 1823, without seeking official approval from the Home Office, the province of Nova Scotia ordered the issuing of coins. The coins, issued in denominations of one pennies and halfpennies, contributed to the expansion of local commerce in Nova Scotia.
The 2019 Empire Collection
For this exceptional 2019 issue collectors will be taken on a journey to the far flung corners of the world. Retracing the steps of the East India Company, to discover some of the most significant coins which have helped build an empire stretching across three centuries from 1600 to the Victorian Era.
Finished to an exceptionally high standard, the 2019 collection truly represents the global resonance of The East India Company and these significant coins. There is no doubt the 2019 Empire Collection is going to become a future collector priority.
If you are interested…
Out of a Worldwide edition limit of just 100 we have a small stock of the 2019 Empire Collection available. If you are interested in owning a set – please complete the form below and we will contact you directly.
Back in 2008, legendary Australian rock band AC/DC announced their first stadium tour in eight years to coincide with the release of their new ‘Black Ice’ album – it was aptly named the ‘Black Ice World Tour’.
It transpired that absence had only made the heart grow fonder and all 18 dates sold out in record time. In fact, unprecedented fan response forced additional shows in Chicago, Los Angeles, and Oakland.
Another sell out
Now, 10 years on, the band are celebrating another record sell out. Clearly the appetite for all things AC/DC related has only increased.
An officially licensed 2oz silver ‘Black Ice’ coin was issued and the worldwide edition limit of just 999 was completely sold out before the coin had even been released.
The coin design features the ‘Black Ice’ album cover artwork, combining selective colour, high relief created using state of the art smartminting and a stunning black proof finish.
AC/DC’s legendary ‘Black Ice’ album debuted at No.1 on album charts in 29 countries and has been certified Multi-Platinum in eight countries. It’s easy to see why this coin is in such demand.
Remarkably, another AC/DC coin, recently Issued by The Royal Australian Mint, sold out in less than 24 hours – that had an edition limit of 30,000! I cannot remember anything from this mint ever selling out so fast and amazingly this was only available to collectors in Australia and New Zealand.
This highlights the huge popularity but also the incredible scarcity of AC/DC commemorative coins around the world.
If you’re interested…
We have ONLY 15 of these hugely sought after Official AC/DC Black Ice Silver 2oz Coin available for collectors.They are totally SOLD OUT at the mint, meaning we will not be able to source anymore. Don’t miss out on the collector’s coin of the year.
All those in full time education on the Isle of Man recently received a specially minted coin to mark the First World War Armistice Centenary.
In a move designed to ensure the younger generations do not forget the sacrifices made by those who fought in First World War, they were each given a distinctive 50p coin featuring selectively coloured red poppies. Each coin, commissioned by the Treasury, was presented in its own individual display case to ensure that it could be kept safe and handed down to future generations.
The reverse of this coin features the First World War soldier from the Douglas war memorial, with the words ‘Their name liveth for evermore’ and the dates ‘1914 1918’, beneath which are the Roman numerals ‘XI.XI.XI’ as a reminder of the final time and date of the War’s end.
Coins to enter circulation
There’s also great news for collectors on the Island as Cupro-Nickel versions of these coins, without the selective colouring, will be released into general circulation.
A launch event was held at the Legislative Buildings on the Island with the President of Tynwald, Speaker of the House of Keys, the Chief Minister and Treasury Minister in attendance, along with a number of other specially invited guests.
Specially commissioned Proof version
Working in partnership with the IOM Government, The Westminster Collection developed a proof version of this hugely poignant coin, struck to the highest possible finish. When you consider the importance of the centenary anniversary alongside the tiny worldwide edition limit of just 1,950,it comes as no surprise that they sold out in a matter of days.
However, The Westminster Collection are also offering specially struck collector quality “Brilliant Uncirculated” coins that are guaranteed not to have the scratches and chips of normal circulation coins.
What’s more, this coin has been officially approved and produced in partnership with The Royal British Legion.
10% from the sale of each coin will be donated to the Legion who provide lifelong support for the Armed Forces community- serving men and women, veterans and their families.
If you’re interested…
Today you can secure your very own First World War Centenary 50p. All you have to do is click here >>