On this day, August 19, 1757, the East India Company minted its first rupee coin.
On this day, August 19, 1757, the East India Company minted its first rupee coin. The first rupee coin, known as a sicca, was minted in Kolkata and used as legal tender in the Mughal province of Bengal. Under a treaty with the Nawab of Bengal, the East India Company established the Calcutta Mint.
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