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A second issue of the same denominations was struck in 1862 at the Indian Government Mint, Calcutta. These bore the inscription "India – Straits". [8] In 1871, silver coins were issued in the name of the Straits Settlements for 5, 10 and 20 cents, followed by copper 1 ⁄ 4, 1 ⁄ 2 and 1 cent the next year and silver 50 cents in 1886. Silver ...
Silver coin: 1 Straits dollar, 1903 In the early nineteenth century, the most common currency used in the East Indies was the Spanish dollar , including issues both from Spain and from the New World Spanish colonies, most significantly Mexico, due to market circulation from the Spanish East Indies ( Spanish Philippines ).
The coin weighs 420 grains (27.2 g), about 8 grains (0.52 g) more than the domestic silver dollar (Seated Liberty Dollars and Morgan Dollars) of the time. It is 4 grains heavier than the Mexican peso; however, the peso is .903 silver. [6] The coin was designed by William Barber, the mint's chief engraver. More trade dollars were minted in San ...
Silver made a partial comeback in the first decade of the 20th century, such that the silver dollar coins of the Straits Settlements and silver peso coins of the Philippines had to be made smaller in size, and with a reduced silver content in order to prevent their silver value exceeding their recently established gold exchange value.
Coins were issued between 1939 and 1950 in denominations of square shaped 1 ⁄ 2 and 1 cent in bronze, and round 5, 10 and 20 cents (silver until 1945, and cupro-nickel from 1948 to 1950). [3] These all had the same designs and appearance of previous Straits Settlements coinage, which they replaced.
Coin made of 91.7% silver. Total 849,622,000 such coins minted between 1904 and 1910. ... 1895, and the Straits Settlements dollar, 1903. He made the last ...