Summary
1/4 Dollar, Issued by Pulau Pinang, Penang, Prince of Wales Island, Malaysia, 1788
Minted by Calcutta Mint, India
Obverse Description
United East india Company's bale mark; below 1788
Reverse Description
In Arabic script "Jezirah Perrinsa ab Wallis" (Prince of Wales Island)
Edge Description
Plain
Significance
Production of the three denominations of 1788 dated silver coins for Penang probably began in late December 1787 at which time the Calcutta mint master wrote to Captain Light. Light found the 1/10th dollar denomination most useful and requested an additional 5000 rupees worth of these coins. He felt that the initial supply of 1/4 and 1/2 dollar coins was greater than needed. Some early cataloguers may have been misled and recorded the denominations of the three coins as rupee, 1/2 rupee and 1/4 rupee whereas the correct denominations are 1/2 dollar, 1/4 dollar and 1/10 dollar. Pridmore suggests that this denomination (1/4 dollar) never saw much use on the island, although this example shows wear, particularly on the reverse.
More Information
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Collecting Areas
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Acquisition Information
Transfer from National Gallery of Victoria (NGV), 15 Mar 1976
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Date Issued
1788 AD
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Issued By
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Mint
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Denomination
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Material
Silver
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Axis
12
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Classification
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Category
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Discipline
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Type of item
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Dimensions
24 mm (Outside Diameter), 6.538 g (Weight)
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Exhibition Collection Management
24 mm (Width)
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Shape
Round
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References
KM#6.2 (Malay Peninsula, Penang) Pridmore 10 Pridmore, Fred. 1955. Coins and Coinages of the Straits Settlements and British Malaya 1786 to 1951, p. 14-15
[Book] Bruce, Colin R. 2007. Standard Catalogue of World Coins 1701 - 1800.
[Book] Pridmore, Fred. 1955. Coins and Coinages of the Straits Settlements and British Malaya 1786 to 1951.
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Keywords
