On this day, August 19, 1757, the East India Company minted its first rupee coin.
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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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