INDIA BRITISH - EAST INDIA COMPANY - BIRMINGHAM MINT - 1/4 ANNA 1858 - PCG GRADED (VF 30)

Product Code : AZ30

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Item Specifics

Certification: PCG Grading
Year: 1858
Grade: VF 30
Circulated/Uncirculated: Circulated
Certification Number: GRN18699IN
Composition: Copper
Country: India

INDIA BRITISH - EAST INDIA COMPANY - BIRMINGHAM MINT - 1/4 ANNA 1858 - PCG GRADED (VF 30)

KM#463.2, Denomination: 1/4 AnnaDate: 1858, Composition: Copper, Weight: 6.11 Gram, Diameter: 25.50 MM

MINT ERROR: REV. DIE ROTATION 6 O` CLOCK

ISSUER: EAST INDIA COMPANY

The East India Company (EIC) was an English, and later Britishjoint-stock company founded in 1600. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized control of large parts of the Indian subcontinentcolonised parts of Southeast Asia and Hong Kong, and kept trading posts and colonies in the Persian Gulf Residencies.At its peak, the company was the largest corporation in the world, competing with the Dutch East India Company, and had its own private army of around 260 000 soldiers, twice the size of the army of Britain. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies",the company rose to account for half of the world's trade during the mid-1700s and early 1800s,[10] particularly in basic commodities including cottonsilkindigo dyesugarsaltspicessaltpetretea, and opium. The company also ruled the beginnings of the British Empire in India. The company eventually came to rule large areas of India, exercising military power and assuming administrative functions. Company rule in India effectively began in 1757 after the Battle of Plassey and lasted until 1858 when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown assuming direct control of India in the form of the new British Raj. Despite frequent government intervention, the company had recurring problems with its finances. The company was dissolved in 1874 as a result of the East India Stock Dividend Redemption Act enacted one year earlier, as the Government of India Act had by then rendered it vestigial, powerless, and obsolete. The official government machinery of the British Raj had assumed its governmental functions and absorbed its armies.

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