1881 Portuguese India 1-rupia
Verfasst: Mo 23.02.15 00:44
An 1881 1-rupia of Portuguese India struck in 11.66 grams of .917 silver, first of the new type, and the high-value in a new 6-member series introduced for Portuguese India, all dated 1881.
The weight and silver are identical to that of a contemporary 1-rupee of British India, which of course is no accident. The British and the Portuguese—pursuant to an earlier Treaty—had agreed on what was essentially a monetary union between their colonies in India. The document, which took effect on 1 November 1880, mandated a silver and copper coinage for Portuguese India that would conform to that of British India in weight, metal, and equivalent value. These new silver and copper coins of Portuguese India would be legal tender throughout British India on the same terms as the coins of British India, and vice-versa, of course.
This Portuguese 1-rupia was divided into 16 tangas (as the British rupee was divided into 16 annas), and the recoinage—of which this 1881 1-rupia was a part—was accomplished by the British, on behalf of the Portuguese.
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The weight and silver are identical to that of a contemporary 1-rupee of British India, which of course is no accident. The British and the Portuguese—pursuant to an earlier Treaty—had agreed on what was essentially a monetary union between their colonies in India. The document, which took effect on 1 November 1880, mandated a silver and copper coinage for Portuguese India that would conform to that of British India in weight, metal, and equivalent value. These new silver and copper coins of Portuguese India would be legal tender throughout British India on the same terms as the coins of British India, and vice-versa, of course.
This Portuguese 1-rupia was divided into 16 tangas (as the British rupee was divided into 16 annas), and the recoinage—of which this 1881 1-rupia was a part—was accomplished by the British, on behalf of the Portuguese.
