The government of the Straits Settlements was acquired by the British Secretary of State from the East India Company on 1958 to control coins issued through the Accountant General to the Government of India. In 1862, The Calcutta Mint was asked to strike a new copper coins. The 1862 coins were of the same size and weight of the previous issue and the same portrait of Queen Victoria was on the obverse.
The new coin reverse was redesigned, in the previous issue the coin show the fixed date of 1845 and the name "East India Company". The reverse now has the myrtle wreath against the rim and within the wreath the words ONE CENT INDIA STRAITS 1862 on seperate lines. The words CENT and INDIA are underlined in their central portion. The one is replaced by HALF and 1/4 for the lower denominations.
"India Straits" reflecting the Straits Settlements control is via India. Again, in accordance with the 1835 ruling, which ordained that the date on the coins reflect the date of introduction of a new design, the date 1862 appeared on all coins struck for the Straits Settlements between 1862 and 1867 when it became an independent Crown Colony.
The quarter cent is the most difficult of all to find, especially in top grades.
These copper coins had a limited legal tender up to $1.
1/4 cent Straits Settlements India Straits 1862 coin
Technical Specifications:
Denomination: 1/4 cent
Country: Straits Settlements
Ruler/Governor: Queen Victoria
Mint: Calcutta Mint, India
Diameter: 18 mm
Thickness:
Weight: 2.33 g
Coin Shape: Round
Composition: Copper
Coin Edge: Plain
Coin Price:
| Year | Mintage | Note | V.Fine | E.Fine | Uncirculated | Proof |
|---|---|---|---|---|---|---|
| 1862 | 3,367,865 | - | 225 | 800 | 1,950 | - |
1/2 cent Straits Settlements India Straits 1862 coin
Technical Specifications:
Denomination: 1/2 cent
Country: Straits Settlements
Ruler/Governor: Queen Victoria
Mint: Calcutta Mint, India
Diameter: 22.5 mm
Thickness:
Weight: 4.66 g
Coin Shape: Round
Composition: Copper
Coin Edge: Plain
Coin Price:
| Year | Mintage | Note | V.Fine | E.Fine | Uncirculated | Proof |
|---|---|---|---|---|---|---|
| 1862 | 4,590,499 | - | 65 | 320 | 1,130 | - |
1 cent Straits Settlements India Straits 1862 coin
Technical Specifications:
Denomination: 1 cent
Country: Straits Settlements
Ruler/Governor: Queen Victoria
Mint: Calcutta Mint, India
Diameter: 29 mm
Thickness:
Weight: 9.33 g
Coin Shape: Round
Composition: Copper
Coin Edge: Plain
Coin Price:
| Year | Mintage | Note | V.Fine | E.Fine | Uncirculated | Proof |
|---|---|---|---|---|---|---|
| 1862 | 9,320,610 | - | 30 | 100 | 5,800 | - |
*Price in US Dollar
Straits Settlements Queen Victoria coins Price:
- East India Co 1845 coins
- India Straits 1862 coins
- Queen Victoria 1/4 cent coins
- Queen Victoria 1/2 cent coins
- Queen Victoria 1 cent coins
- Queen Victoria 5 cents coins
- Queen Victoria 10 cents coins
- Queen Victoria 20 cents coins
- Queen Victoria 50 cents coins
