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In December 1672, the East India Company started a mint in Bombay and European style gold, silver, copper, and tin coins were struck. The gold coin was named Carolina, the silver coin Anglina, the copper Copperoon, and the tin coin called the Tinny. The exchange rate was set at 11 Tiduckone Copperoon and 48 Copperoons to one Anglina.
French Indies Company-issued "Gold Pagoda" for Southern India trade, cast in Pondicherry 1705–1780.. The pagoda, also called the hoon, [1] was a unit of currency, a coin made of gold or half-gold minted by Indian dynasties as well as the British, the French and the Dutch.
India had its own distinctive gold coinage during the nineteenth and early twentieth century, however sovereigns and half-sovereigns were also used. Sovereigns minted in Sydney, Australia, were especially popular in India due to their yellow colour, [ 1 ] as they contained silver alloy.
The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy ounces (113.0 gr; 7.32 g) of pure gold.Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery.
The vast majority of the coins from the United Kingdom were melted down by the Royal Mint after the King's abdication. Many pattern issues are retained by the Royal Mint Museum, with other surviving coins purchased by private collectors. [2] In 2020, an Edward VIII sovereign sold at auction for £1 million, the most for a British coin. [3]
List of most expensive coins Price Year Type Grade Issuing country Provenance Firm Date of sale $18,900,000 1933 1933 double eagle: MS-65 CAC United States: King Farouk of Egypt: Sotheby's [1] June 8, 2021 $12,000,000 1794 Flowing Hair dollar: SP-66 CAC United States Neil, Carter Private sale [2] January 24, 2013 $9,360,000 1787 Brasher ...
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