The story of The East India Company and why their coins are like gold dust

I don’t know about you, but I’m fascinated by our country’s history, especially when coins are involved (which they usually are).

As a result, there is one business trip I enjoy more than any other. It’s not Canada, nor America and not even Australia. No, it’s just up the road to the Mayfair area of London.

My favourite business trip is when I visit The East India Company.

I’m sure you’ve heard of them.

The history of The East India Company dates back to 1600 when a group of merchants were given a Royal Charter by Elizabeth I to explore the East Indies and bring back exotic goods to the West.

They were pioneering; creating many of the means and rules of commerce we use today. The Company become the single most powerful economic entity the world has ever seen.

At its peak over half of all global trade was managed by The East India Company and they employed 25% of Britain’s population. They established Singapore and Hong Kong, held Napoleon captive in St Helena and provided the tea that was destroyed at the Boston Tea Party.

They minted their own currency, brought tea to India and China and introduced many spices, textiles, silks and porcelain (among others) to the West.

Without The East India Company our world would not be as it is today.

As you can imagine, their offices are full of fascinating artefacts. Antique maps and unique water-colours adorn every wall, but it’s the coins that I’m drawn to.

Why East India Company coins are so popular with collectors

In the last few years The East India Company has been producing some of the best coins I have ever seen.

Their quality, luxury and attention-to-detail are unrivalled and the stories that go hand in hand with the Company and the coins they produce are fascinating and endless.

East India Company coins are the most popular amongst high end coin buyers, with exquisite design and craftsmanship marrying up with low edition limits to create instant classics.

We’ve just received the brand new special one-off Gold Proof Guinea, issued by The East India Company to mark the 65th anniversary of Her Majesty’s Coronation.

The Guinea is a legendary symbol of Britain’s wealth, power and prestige. During the era of the Guinea, The East India Company’s reach expanded as new opportunities for trade and commerce developed into the Americas, Asia and beyond.

The Guinea’s reputation for purity and reliability internationally made commerce easier, meaning it was one of the preferred currencies on board Company ships. It really was the official currency of The East India Company.

Special one-off release

Now, to mark the 65th anniversary of Her Majesty’s Coronation, The East India Company has authorised just 1,000 of these one-off “Royal Cypher” Gold Proof Guineas.

It features the EIIR Cypher taken from Her Majesty’s Robe of Estate as worn for her Coronation in 1953 and it’s actually the first Guinea to be issued featuring royal emblems directly related to Her Majesty, making it the first ever Queen Elizabeth II Guinea.

It might just be the best-looking coin we see this year.

Judge for yourself by watching our quick unboxing video below and if you’d like to add one to your collection before they’re all gone, just click here.

 

 


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