Discover the coins that built the British Empire

The East India Company is living proof of Sir Walter Raleigh’s (1614) prophetic words: “whosoever commands the sea, commands the trade, whosoever commands the trade of the world commands the riches of the world and consequently the world itself,” as they rapidly became a trading force to be reckoned with.

And coins were one of the key ways the company managed trade across the globe.

EIC 2019 Empire Gold Proof Nine Coin Set Blog Image1 - Discover the coins that built the British Empire

At its peak the EIC was single-handedly responsible for half the world’s trade, including cotton, silk, spices, opium and tea.

Remarkably, the East India Company is still trading today. And they have just authorised a set of limited edition Gold coins paying tribute to the most important coins in their history.

Here is the story behind the coins…

EIC 2019 Empire Collection Gold Proof Nine Coin Set Blog Images - Discover the coins that built the British Empire

Portcullis Money – 1601 (Throughout the Empire)

Ordered by Queen Elizabeth I to facilitate increased commerce on behalf of the British Crown and to compete against the widely used Spanish Real. These were the first coins issued for the British Empire outside of England’s normal coinage.

The Cartwheel Penny – 1797 (Australia)

The Cartwheel Penny was the first British coin to be exported to Australian Colonies. It was introduced to help curb Britain’s chronic coin shortage which was impacting economic growth. Specially designed to prevent counterfeiting, and the thick rim and inscription led to the pennies being informally named ‘The Cartwheel Penny’.

The Elephant and Castle Guinea – 1663 (Throughout the Empire)

The guinea is regarded as the most successful trade coin, exponentially increasing British and local trade wherever it was introduced. This Guinea was the first British machine-struck coin, and adopted its name from where the gold was mined from.

EIC 2019 Empire Collection Gold Proof Nine Coin Set Blog Images2 - Discover the coins that built the British Empire

The Company Rupee – 1833 (India)

The Rupee is one of the world’s oldest systems of money. It was adopted by the East India Company upon its arrival in the East, and soon became one of the company’s most important coins and means for trade. In 1833 reforms to the Indian weights and measures led to coinage in India changing from the Sicca to the standard ‘Company Rupee’.

The Rix Dollar – 1821 (Sri Lanka)

Great Britain sought to develop Ceylon’s (Sri Lanka’s) economy and increase trade to and from Europe. As a part of this aim The Rix Dollar was struck specifically for use in Ceylon. Designed by Benedetto Pistrucci, who is also responsible for the now iconic rendition of St. George slaying the Dragon which features on British Sovereigns. 

The British Trade Dollar – 1839 (The Orient)

To facilitate the trade of their most lucrative commodities, namely tea and opium a trading post in Canton, China was established. During the Trade Wars Great Britain found itself having to rely more and more on its own silver coinage, and this paved the way for one of the most distinctive silver British coins in numismatic history to be struck: the British Trade Dollar.

EIC 2019 Empire Collection Gold Proof Nine Coin Set Blog Images3 - Discover the coins that built the British Empire

Hog Money – 1609 (Bermuda)

In order to develop Bermuda’s prosperous economy King James I granted permission to mint coins, which resulted in the issuing of Hog Money, inspired by the wild hogs previously introduced to the island, it’s the first English coin to be minted specifically for use in North America.

The St Helena Halfpenny – 1821 (St Helena)

In 1815 St Helena’s economy benefited from the arrival of the former French Emperor, Napoleon, during his second exile, as the famous prisoner brought with him an entourage of British troops, effectively doubling the islands population and prosperity. As the economy swelled, St Helena’s first local coins were introduced.

The Nova Scotia Penny – 1823 (Canada)

Prior to the Canadian Confederation in 1867 many provinces issued their own coinage. However in 1823, without seeking official approval from the Home Office, the province of Nova Scotia ordered the issuing of coins. The coins, issued in denominations of one pennies and halfpennies, contributed to the expansion of local commerce in Nova Scotia.

EIC 2019 Empire Gold Proof Nine Coin Set Blog Image2 - Discover the coins that built the British Empire

The 2019 Empire Collection

For this exceptional 2019 issue collectors will be taken on a journey to the far flung corners of the world. Retracing the steps of the East India Company, to discover some of the most significant coins which have helped build an empire stretching across three centuries from 1600 to the Victorian Era.

Finished to an exceptionally high standard, the 2019 collection truly represents the global resonance of The East India Company and these significant coins. There is no doubt the 2019 Empire Collection is going to become a future collector priority.


If you are interested…

Out of a Worldwide edition limit of just 100 we have a small stock of the 2019 Empire Collection available. If you are interested in owning a set – please complete the form below and we will contact you directly.

 

This remarkable new Armistice Centenary issue is so unique its production techniques have been kept a closely guarded secret…

100 years ago this year, at 11 o’clock on 11th of November, the guns of war finally fell silent. The First World War was over.

While many fathers, sons, uncles and brothers came home, millions lay where they fell, on the Battlefields of Europe. Those who were lucky enough to be identified were placed in makeshift graves, often only identified by a rifle placed in the earth with his steel helmet placed on top as a final memorial.

To commemorate the Armistice Centenary, The Royal Canadian Mint have issued a remarkable new coin that honours each and every fallen soldier.

Struck in the shape of a WWI Brodie Helmet, it is more deeply curved surface than any other concave or convex-shaped coin I’ve seen before. The design is so unique in fact, that the Mint have kept the minting technique a closely guarded secret.

Canada 2018 Silver Helmet Coin Product Image Top - This remarkable new Armistice Centenary issue is so unique its production techniques have been kept a closely guarded secret…Although the original helmet would have been cast from Steel, this coin has been struck in the very finest .9999 or “four nines” silver, this is the purest grade of silver available. The Royal Canadian Mint is one of the very few Mints in the world with enough minting expertise able to strike coins with this incredible high relief finish. It’s an exceptional feat of craftsmanship.

What’s more the attention to detail is outstanding, each coin has been given a final antique finish and there are even engraved cracks and markings which complete the helmet’s battle-worn appearance. A reminder of the hardships endured by those who fought.

 

 

The amount of 2018 Silver ‘Helmet-Shaped’ coins available is very low. A worldwide edition limit of just 6,500 has been set by the Mint, but of course many of these won’t even make it out of Canada. Without any doubt, this has to be one of the most collectable issues ever struck.

The First World War will always be known as one of Man Kind’s darkest hours but poignant issues like this one allow us to remember those who have made the ultimate sacrifice.


If you’re interested… 

We have just 500 WWI Lest We Forget Silver ‘Helmet-Shaped’ coins available for UK collectors, but to get one you’ll have to act quickly.

Click here for more details >>

 

The Royal British Legion Armistice Medal – Inspired by veterans from Bravo 22 Company, created by Mint Editions

Mint Editions Blog Banner 2018 - The Royal British Legion Armistice Medal – Inspired by veterans from Bravo 22 Company, created by Mint Editions

2018 marks 100 years since the day the Allies of World War I and Germany signed an armistice for the cessation of all hostilities on the Western Front. This took effect on the eleventh hour of the eleventh day of the eleventh month of 1918.

For this special centenary year we have worked closely with The Royal British Legion, including five veterans from Bravo 22 Company, as well as numismatic artist Michael Guilfoyle, to design a poignant Armistice Commemorative Medal for the Centenary.

RBL 2018 Bravo 22 Armistice Medal Blog Images - The Royal British Legion Armistice Medal – Inspired by veterans from Bravo 22 Company, created by Mint Editions

Bravo 22 Company

Bravo 22 Company, which is made possible by The Royal British Legion and The Drive Project, has been successfully running theatre and art projects across the UK since 2011.

The projects are open to all members of the Armed Forces Community, including serving personnel, veterans and their family members and are designed to improve self-esteem, confidence and motivation, as well as help individuals along their paths to recovery.


The design process

The design process began with a creative workshop led by numismatic artist Michael Guilfoyle, at the Legion’s Pop In centre in Bristol. Five alumni from Bravo 22 Company were invited to join the workshop, all of whom have served in the Armed Forces. The participants were encouraged to draw on their experiences in the military to create a fitting tribute for the Armistice 100 year centenary anniversary.

 

 

Mike started the session with an introduction to medal design and explained the process from the initial ideas stage through to final production. Coins and medals generally offer a relatively small canvas to the artist, so Mike explained the importance of using a simple composition to create a strong and impactful design.

To generate some key themes, Mike had everyone write down words they associated with the First World War and Armistice. These were then used to inspire the visual design stage, where everyone began to sketch ideas.

The rest of the workshop was spent developing the rough sketches into more refined ideas.

RBL 2018 Bravo 22 Armistice Medal Blog Images8 - The Royal British Legion Armistice Medal – Inspired by veterans from Bravo 22 Company, created by Mint Editions

The finished design

Taking inspiration from the original designs of the veterans, Mike was able to create the striking and poignant designs that feature on the medal.

RBL 2018 Bravo 22 Armistice Medal Blog Images9 - The Royal British Legion Armistice Medal – Inspired by veterans from Bravo 22 Company, created by Mint Editions

If you’re interested: RBL 2018 Bravoo 22 Armistice Antique Medal Obverse Reverse - The Royal British Legion Armistice Medal – Inspired by veterans from Bravo 22 Company, created by Mint Editions

The Royal British Legion 2018 Armistice Medal is available to own today. Due to its significance, the medal has been issued in partnership with The Royal British Legion and Bravo 22 Company. If you choose to own one, we will ensure a donation is made to them on your behalf.

Click here for more details >>