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1862 One Cent

British India

Straits Settlements

The last trading monopoly of the East India Company was abolished in 1853 after which the company acted only as an administrative entity though it was not until 1858 that its property and powers were officially transferred to the Crown. Under the Indian Act XIII of 1862, the coinage of India was redesigned with specific provisions for coinage of the Straits Settlements to be redesigned also.

Coins were struck from 1862 to 1867 though all coins were dated 1862. The One Cent is the most common of the three and is readily available in lower grades though higher grade pieces are very scarce, especially any with original mint brilliance. Both proof and specimen strikes were also produced though both in very small numbers with very few surviving today outside of public institutions.

Values are in MYR and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.