COIN
East India Company - One Rupee - Queen Victoria 1840
shahirasul
533
25-September-2012 05:06:02 PM
12-February-2014 07:15:03 PM
GENERAL INFORMATION
Country
India (East India Company)
Denomination
1 Rupee
Minted Date/Year
1840 CE
Coin Type
Circulation Coin
Punch / Orientation
↑↑ Medal
Front Legend
EAST INDIA COMPANY ONE RUPEE 1840
Back Legend
VICTORIA QUEEN
Head of State
Queen Victoria
Mint
Calcutta
Composition
Silver
Coin Edge
Milled/Reeded - Vertical
Coin Shape
Round - Circular
Diameter
31 mm
Weight
11.66 g
IN COLLECTION CONDITION
Preliminary
Normal
Condition
Very Fine
CATALOG INFORMATION
457.1
Krause
37
Pridmore
East India Company - One Rupee - Queen Victoria 1840
Obverse

Head of the Queen facing left. Surrounded by the divided legend: VICTORIA QUEEN. All within a raised, toothed border.

Reverse
 
The value in English and Persian: ONE RUPEE in Persian script (Yek Rupiya; translation: One Rupee) All within a wreath of laurel. Around this the legend: EAST INDIA COMPANY 1840. All within a raised, toothed rim.
 
Rupees were authorised by Act XVII, dated 17th August 1835, and details were announced by proclamation dated 2nd September 1835. With the accession of Queen Victoria in 1837, a new act, XXXI, 1837, suspended those parts of Act XVII, 1835 that referred to the issue of the coins with the effigy of the reigning monarch. Rupees dated 1835 were issued from September 1835 until November 1840, when a proclamation announced the restoration of Act XVII.
 
Legislation
 
A.D. 1835 Act XVII
PASSED by the Honourable the Governor-General of India in Council on 17th August 1845
I. BE it enacted, that from the 1st day of September, 1835, the undermentioned silver coins only shall be coined at the mints within the territories of the East-India Company: a rupee, to be denominated the Company's rupee; a half-rupee , a quarter-rupee and a double rupee; and the weight of the said rupee shall be 180 grains troy and the standard shall be as followes: 11/12 or 165 grains pure silver 1/12 or 15 grains of alloy.
 
II And be it enacted, that these coins shall bear on the obverse the head and name of the reigning sovereign of the United Kingdom of Great Britain and Ireland, and on the reverse the designation of the coin in English and Persian and the words "East-India Company" in English, with such enbellishments as shall from time to time be ordered by the Governor-General in Council.
 
III. And be it enacted, that the Company's rupee, half-rupee and double rupee, shall be legal tender in satisfaction of all engagements provided the coin shall not have lost more than two per cent in weight, and provided it shall not have been clipped, or filed, or have been defaced otherwise than by use.
 
IV. And be it enacted that the said rupee shall be received as equivalent to the Bombay, Madras, Furruckabad and Sonat rupees, and to fifteen-sixteenths of the Calcutta sicca rupee, and the half and double rupee respectively ....
 
V. And be it enacted, that the Company's quarter-rupee shall be a legel tender only in payment of the fraction of a rupee.
etc.
 
A.D. 1837. Act XXXI
PASSED by the Honourable President of the Council of India in Council on 20th November 1837.
 
I. It is hereby enacted, that so much of Act. No. XVII. of 1835, as directs that certain coins issued from mints within the territories of the East-India Company, shall bear on the obverse the head of the reigning sovereign of the United Kingdom of Great Britiain and Ireland, shall be suspended, till the Governor-General of India in Council shall, by an Order of Council, declare those parts of the said Act to be again in force.
 
II. And it is hereby enacted, that till the said Governor-General in Council shall make such an Order in Council as in aforesaid, the said coins shall bear on their obverses the head of his late Majesty, William the Fourth.

Mint & Issue
 
They were only issued from the mint of Calcutta, with total mintage of 179,935,000 pieces.

East India Company
 
The East India Company (also the East India Trading Company, English East India Company, and then the British East India Company) was an early English joint-stock company that was formed initially for pursuing trade with the East Indies, but that ended up trading mainly with the Indian subcontinent and China. The oldest among several similarly formed European East India Companies, the Company was granted an English Royal Charter, under the name Governor and Company of Merchants of London Trading into the East Indies, by Elizabeth I on 31 December 1600. It ceased to trade in 1857.
 
Lt.-Col. William Nairn Forbes R.E., Master of the Calcutta Mint from the 5th January 1836 - 23rd January 1855

Silver content: 0.9170
COMMENTS
NEW COMMENT
#133 Sunday 29 January 2017 05:50:57 PM
Aniket kr. Gupta I have a coin of 1840 the east india company
India


 
#124 Thursday 06 October 2016 02:49:04 PM
Sanjay Kumar Sahoo
India (Odisha)

Sir, Please reply as soon as possible
#123 Thursday 06 October 2016 02:46:49 PM
Sanjay Kumar Sahoo
India (Odisha)

Sir, I have two types of Orginal 1840 Victoria Coin issued by East India Conpany, which circulated in India, I want to seel my these two coin kindly send me necessary message through said Email address. What procedure which I follwed to sell this for esay to me . My Odisha(India) mobile No.0 8338900540. An reply in this regard is urgently awaite from your end.

Thanking you ,                                      Sanjay Kumar Sahoo

 
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