HISTORY OF THE MOHUR
The Mohur was first recorded in 1540. It originated from the Mughal Empire of India and was the highest unit of currency in a system that also featured a silver coin ─ the Rupiya, now the Rupee, India’s national currency. It was adopted by The East India Company as the highest gold coin in its currency system.
Some may say it was fate that this symbol of wealth and prestige should come to represent The East India Company. Founded in the year 1600 by way of Royal Charter by Elizabeth I the Company has long since been acknowledged as the world’s first global corporation. It quickly dominated world trade with an international reach across many continents. It’s early trading interest in fine cloths, tea and spices soon saw its influence spread throughout India and the Far East. By the middle of the 17th century the East India Company had become one of the two biggest bullion traders of its time and exported vast amounts of precious metal from England to support its trading needs.
As The Company’s activities expanded it became so significant that in 1677 King Charles II granted it the right
to mint its own coins in the territories it administered and through partnerships with local mints in India, the
majestic Mohur was adopted as the main trading currency of the East India Company gold coin
Today’s Mohur coin takes its’ inspiration from its historic predecessor and is the first struck with the effigy of Elizabeth II. The specifications are in keeping with the universal standard established by Sher Shah Suri as long ago as 1540, ensuring the historical authenticity of the coin.
Expertly sculpted in plaster by engravers at the Royal Mint, The East India Company Mohur Collection shows a true representation of this famed motif. The regal Lion, strong and powerful, strides below the Palm Tree or Tree of Life, symbolising the historic strength and value of the Mohur coin.