2 Cents (Madras)
Penang • 2 Cents • Copper • 1825–1828
- Denomination
- 2 Cents
- Issuer
- Penang
- Struck
- 1825–1828
- Composition
- Copper
- Currency
- Dollar
- Weight
- 17.6 g
- Diameter
- 32 mm
- Catalog refs
- Singh SS 32 · KM 16
Where to find one
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Where it came from
The 1825 two-cent coin from Penang was minted during a period of transition for the East India Company's currency in the Straits Settlements. Produced at the Calcutta Mint, this copper issue was intended to facilitate smaller transactions in the regional economy, replacing a haphazard mix of local and foreign coinage. Its circulation reflects the British effort to standardize monetary systems in their Southeast Asian trading posts during the early nineteenth century.
The design follows the standard aesthetic of East India Company coinage from this era, featuring the company's iconic bale mark on one side and a stylized inscription indicating the denomination and place of origin on the reverse. While utilitarian in nature, these pieces are valued by numismatists for their historical connection to the trade networks of the East India Company and the specific administrative challenges faced by the colonial government in Penang as it sought to bring order to its local currency markets.
Written by Pi, the helpful collecto.rs AI
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About 2 Cents (Madras)
2 Cents (Madras) is a coin in the Coins catalog on collecto.rs. Penang • 2 Cents • Copper • 1825–1828. Catalog data is sourced from Numista. No collectors on collecto.rs publicly track this coin yet — adding yours would make you the first.
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