1802 COLONIAL BRITISH EAST INDIA

HAMMERED ONE PICE COPPER COIN

UNDER BOMBAY PRESIDENCY

The HONOURABLE British East India Company, sometimes referred to as "John Company", was one of the first joint-stock companies (preceded only by the Dutch East India Company) which was granted an English Royal Charter by Elizabeth I on December 31, 1599, with the intention of favouring trade privileges in India. The Royal Charter effectively gave the newly created Honourable East India Company (HEIC) a 21 year monopoly on all trade in the East Indies. The Company transformed from a commercial trading venture to one that virtually ruled India as it acquired auxiliary governmental and military functions, until its dissolution in 1858.

Obverse features the United E.I.Co. Heart Balemark

Reverse features Scales, Persian Adil "Just"

19-23mm coins, 3-5mm thick, 10+ grams

VERY GOOD Condition KM#198