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1862 One Cent

British India

Straits Settlements

Reverse DesignerJ. B. MerlenObverse DesignerWilliam WyonComposition97% CopperWeight9.33gMintCalcutta MintMonarchVictoriaEdgePlain

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 for higher grade coins are only available with a subscription, for subscription options, please click here. MintageVG8F12VF20XF40AU50MS621862 9,321,00054 70 100 180 430 RB RD 2,000 3,500 15,000 Sales records only available with a Gold Subscription or higher, for subscription options, please click here.Values for higher grade coins are only available with a subscription, for subscription options, please click here. MintagePR601862 ProofUnknown28,000Values for higher grade coins are only available with a subscription, for subscription options, please click here. MintageSP601862 SpecimenUnknown19,000