Please note that many of these rectangular silver coins have been arriving with common mint flaws present. Silver.com has noticed flaws such as abrasions, nicks, scratches, and scuffs, among other minor issues.
In 2021, the East India Company and Issuing Authority of St. Helena introduced a new range of rectangular silver coins. These legal tender, rectangular silver coins offer investors the chance to own silver in a format similar to silver bars with the beautiful designs of silver coins. Now, 2022 250 Gram Silver St. Helena Rectangular East India Company Coins are available to you for purchase online at Silver.com.
- Coins ship to you inside individual sleeves, boxes of 12, or Master Boxes of 48 coins!
- Second rectangular release of Silver East India Company coins!
- Consists of 250 Grams, or 8.037 Troy ounces, of .999 fine silver in BU condition.
- Issued a face value of Ten Pounds by St. Helena.
- On the obverse is a portrait of Queen Elizabeth II.
- The reverse features a vessel from the East India Company.
The East India Company was one of the most powerful companies the world has ever seen. Founded in 1600 and issued a formal charter by Queen Elizabeth I in 1601, the East India Company’s origin was that of a company created to facilitate trade between the home islands of the United Kingdom and the East Indies and broader Indian Ocean region.
By the time the company was dissolved in 1874, it had taken control of the island of St. Helena, directly ruled what would become the British Raj, account for half of the world’s trade in cotton, silver, indigo dye, and even establish the coinage system that India would use until its independence in 1947.
On the obverse of 2022 Silver St. Helena Rectangular East India Company Coins is a portrait of Queen Elizabeth II. In this design, Her Majesty is shown in right-profile relief wearing the George IV State Diadem Crown. This design is set at the middle of a porthole frame with an imperial crown atop the frame. This design was created in 1985 by Raphael Maklouf.
The reverse side of the 2022 250 Gram Silver East India Company Coins comes with a depiction of a sailing vessel from the East India Company. Ships of the East India Company regularly sailed from the home islands of the United Kingdom to various ports in the Indian Ocean. The island of St. Helena would come to serve as a vital refueling stop as ships traveled down the western coast of Africa before turning the Cape of Good Hope at the southern tip of Africa.
These 2022 250 Gram Silver St. Helena Rectangular East India Company Coins come in Brilliant Uncirculated condition. The coins are packaged individually in plastic sleeves, by multiples of 12 in boxes, and by multiples of 48 in Master Boxes. The Master Box holds four individual boxes of 12.
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