Penang 1 Cent

Introduction: The Penang 1 Cent coin holds a significant place in numismatic history as a rare and valuable piece that dates back to 1786. Issued by Penang, this copper treasure features a unique design showcasing the United East India Company balemark, making it a sought-after collectible among enthusiasts and historians alike. Historical Background: In 1786, Penang, under the authority of the United East India Company, minted the 1 Cent copper coin. This coin played a crucial role in the local economy and trade during that era, reflecting the influence of European colonial powers in the region. Its issuance marked a milestone in the economic history of Penang and the broader East India Company's trading network. Design Features: The obverse of the Penang 1 Cent coin displays the distinctive United East India Company balemark, symbolizing its colonial origins. Above the balemark is the numeral "4," adding a touch of uniqueness to the design. On the reverse side, a plain surface emphasizes the simplicity and functionality of this coin as a medium of exchange during the late 18th century. Technical Specifications: This coin boasts a weight of 15.00g and a diameter of 29.00mm, making it substantial and easily recognizable. Crafted from copper, the Penang 1 Cent coin showcases durability and a classic appearance that has withstood the test of time. These technical specifications contribute to its overall appeal and desirability among collectors. Collectible Value: With its limited mintage and historical significance, the Penang 1 Cent copper coin holds substantial collectible value. Its rarity, coupled with the unique design elements, makes it a prized possession for numismatists seeking to enrich their collections with pieces of significant historical importance. The market value of this coin reflects its scarcity and the demand from collectors worldwide, elevating its status as a valuable asset in the numismatic community. Conclusion: In conclusion, the Penang 1 Cent copper coin from 1786 stands as a testament to the rich history of Penang and the influence of the United East India Company in the region. Its unique design, historical background, and technical specifications make it a standout piece for collectors and enthusiasts interested in acquiring rare and valuable coins. The enduring appeal and collectible value of this coin ensure its lasting legacy in the world of numismatics, preserving a piece of history for generations to come.

Coin Images

Obverse

Reverse