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MALAY ARCHIPELAGO, Colonial. Penang Presidency. 1805-1826. Pattern CU Pice – Cent (27mm, 6h). London mint. Dies by Lewis Pingo. Dated 1810. Coat-of-arms surmounted by lion rampant left, with leonine supporters / Pulua Panang (Island of Panang) in Malagasy within counterclockwise wreath of lilies. Pridmore 26; KM Pn1. In NGC encapsulation 2103171-002, graded PF 64. A rare and superb example of the Royal Mint’s early 19th century work for the colonial territories.
Ex Gadoury (30 October 2020), lot 1520 (hammer €11000).
The island of Penang was initially added to the British colonial holdings in southeast Asia in 1786 and was administered as part of the Bengal Presidency until 1805. With the change in authority, colonial officials finally began to tackle the endemic shortage of small change experienced in the marketplaces of Penang by authorizing a series of locally made cast tin pice. These crude coins proved to be so extensively counterfeited that authorities petitioned for a modern copper coinage, to be produced at the London mint. Two patterns are known, one each by Lewis Pingo and Thomas Wyon, each distinct from the design ultimately adopted for circulation, also by Pingo.
The final winners of all Triton XXVI lots will be determined at the live public sale that will be held on 10-11 January 2023.
Triton XXVI – Session Four – Lots 991-1315 will be held Wednesday afternoon, 11 January 2023 beginning at 2:00 PM ET.
Winning bids are subject to a 22.5% buyer's fee for bids placed on this website and 25% for all others.
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