Blue
Sheet
Red SheetSubscribe Back to Malaysian Coin Values

East India Company

1824 - 45

During the early 19th century, the dominant colony of the regions which were later amalgamated as the Straits Settlements, that being Penang, Malacca and Singapore, was the Spanish Dollar. Additionally Java rupees and guilders were often used in the colony but they had a reputation of having a silver content less than that of the Spanish Dollar. Because of this, in 1823 the government declared the Spanish Dollar the legal currency of the settlements but this left the colony without any lower denomination medium of exchange.

While some early trials were made, the coinage that eventuated as the first circulating coins for colony were the one quarter, one half and one cent coins bearing a wreath on the reverse with the legend EAST INDIA COMPANY and the date 1845 at the bottom despite the issue being stuck from 1847 to 1862. The denomination of ONE CENT is at the center of the reverse. The obverse features the Wyon Young Head portrait of Queen Victoria.

The series was struck in the one quarter, one half and one cent denominations with the one cent being the most common. All coins are difficult to source in mint state and extremely tough to acquire with any level of original mint red. Proofs were struck of all denominations though these are extremely rare and only appear on the market a few times per decade.

Quarter Cent1845Third Cent1824Half Cent1845One Cent1845
Values for higher grade coins are only available with a subscription, for subscription options, please click here.  MintageVG8F12VF20XF40AU50MS621845 Sans WWQuarter Cent34,327,000821101703203701,1001845 With WWHalf Cent18,737,000741001502603502,8001845 Sans WWHalf CentIncl. in above941302003804502,1001845 Sans WWOne Cent18,526,00070941402604802,500Values for higher grade coins are only available with a subscription, for subscription options, please click here.  MintagePR601845 Proof With WWQuarter CentUnknown18,0001824 Gold RestrikeThird Cent1 1824 Silver RestrikeThird Cent1 1824 Copper RestrikeThird Cent2 1845 Proof with WWHalf CentUnknown10,0001845 ProofOne CentUnknown16,000Values for higher grade coins are only available with a subscription, for subscription options, please click here.  MintageSP601824 Copper PatternThird Cent1 1824 Silver PatternThird Cent1