2019 Portcullis Money 1/4oz Gold Proof Coin
Portcullis Money – Britain’s first international trade coin
Nicknamed ‘Portcullis Money’ after the emblem featured on its reverse, these silver coins were the first British coin struck solely for international use. Minted at the Tower Mint under Queen Elizabeth I for The East India Company’s first voyage, £6,000 worth of Portcullis coins were loaded on to its ships as it set sail in early 1601.
Struck in the same specification as the famous international trade coin of the time, the Spanish Real, the coins are purported to have been requested by the Virgin Queen to demonstrate to the world just how powerful she was following the defeat of King Philip II of Spain’s Spanish Armada . The East India Company knew that they needed a readily accepted silver bullion coin to trade with and to source Spanish reales in quantity would be difficult. Reluctant to strike a direct copy of a Spanish coin, ‘Portcullis Money’ were struck at recognised Spanish weight and fineness as a compromise.
|Product Name||The 2019 Portcullis Money|
|Product Issue Limit||200|
|Issuing Authority||St Helena|
|Obverse||Jody Clark effigy of HM Queen Elizabeth II|
|Packaging||Black Lacquer presentation box,
numbered certificate of authenticity
|Coin Mintage Limit||300 coins|
Delivery & ReturnsAll coins will be shipped via registered post depending on location.
- Please allow up to 14 days for delivery
- Liquids cannot be shipped outside of the EU.
- Bullion items cannot be shipped to India.
See our delivery page for more information.
The Empire Collection
The East India Company Empire Collection is a series of coins issued in silver and gold celebrating the stories of the British Empire across the world. Faithfully designed to reflect the history of the subject, each coin is minted to the highest proof quality and issued to extremely low issue limits. Our most detailed and unique series, the Empire Collection offers a beautiful coin set for the most discerning of collectors. Issued each year, if you would like to be notified in advance regarding this and our other coin releases, please contact us through the Contact Us tab or email [email protected]