answersLogoWhite

0


Best Answer

No, they did not. If you have a coin dated 1616 from the East India Co, it is a reproduction or the like.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Did the east India company introduced half Anna coins in 1616?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about General History

Why was the east Indian company established?

The East India Trading Company came into being in 1600, when the British first arrived in India. It was set up and immediately given a trade monopoly in India; in other words, no other British company could trade out of India. East India Company was established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. East India Company was the name of several historical European companies chartered with the monopoly of trading with Asia; more specifically with India. * British East India Company, founded in 1600 * Danish East India Company, founded in 1616 * Dutch East India Company, founded in 1602 * French East India Company, founded in 1664 * Swedish East India Company, founded in 1731 * Portuguese East India Company, founded in 1628


What is the value of one half Anna coin of 1616 of east India company?

I have one coin. can someone tell me the value. I also have India 1920 4 annas coin Bigman


What happened in 1616?

Alot of stuff happenedin the year 1616 look it up!


What major events happend between 1500 and 1616?

The Gregorian calendar was introduced in 1582. William Shakespeare became famous. The King James English translation of the bible was written around 1611 or 1612.


In 1616 where and what was sir Walter Raleigh's expedition?

in 1616 Sir Walter Raleigh adventured to Venezuela in search of El Darado.

Related questions

When was Danish East India Company created?

Danish East India Company was created in 1616.


Can red mercury make rice pulling?

No, red mercury can not make rice pulling. The rice pulling was minted in 1616 by the East India Company.


Why was the east Indian company established?

The East India Trading Company came into being in 1600, when the British first arrived in India. It was set up and immediately given a trade monopoly in India; in other words, no other British company could trade out of India. East India Company was established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. East India Company was the name of several historical European companies chartered with the monopoly of trading with Asia; more specifically with India. * British East India Company, founded in 1600 * Danish East India Company, founded in 1616 * Dutch East India Company, founded in 1602 * French East India Company, founded in 1664 * Swedish East India Company, founded in 1731 * Portuguese East India Company, founded in 1628


What test 1616 kingli coin?

i have orginal 1616 kingly coin ,so now i want good byer r company


Who invented the first bullock cart?

first bullock cart is invented in india . in 1616


Who invented first Bullock Cart?

first bullock cart is invented in India . in 1616


What if the name of the inventor of the diving bell?

In 1616, the German inventor Kessler introduced his diving bell with glass ports


What is the value of a Chinese Prince Nu'ErHachi 1616-1626 coin?

Replicas of the coins are worth about $30 each. The exact value of the coins will vary depending upon their condition.


Where were east India company was?

The English East India Co's first successful voyage to India under the name "Governor and Company of Merchants of London trading with the East Indies" was in the year 1601. Earlier attempts made by merchants since 1588 were unsuccessful with either the ships returning home or lost at sea. The successful voyage was commandeered by Capt. James Lancaster


What is the value of one half Anna coin of 1616 of east India company?

I have one coin. can someone tell me the value. I also have India 1920 4 annas coin Bigman


What is 1616?

1616 = 1,616


Did the coin introduced in 1616 by east India company it was 82 grams of lebbo coin details in 1616?

Your question is not very clear. You are assuming that the East India Company "introduced" Lebbo coins in 1616, a story being propagated by half-informed rumour-mongers. There is no numismatic record of the East India Company having issued such coins for the purpose of trade. There were no such "coins" introduced either in the form of currency or as legal tender. The lebbo coin exists, but the story is quite different from what is often rumoured. First of all it must be understood that the Lebbo was not a coin. It was not intended for trade. It was created from an alloy of metals found in a meteorite, and the British were involved in its manufacture only because they had a small gun-factory at Surat that these Indian metallurgists were allowed to use by order of the King of Surat. The British involvement can be noted by the English alphabets occurring on one face of the so-called "coin". In 1616, The East India Company consisted of a hand-full of sailors. They were not in power. They had not even conceived of the idea of ruling India. They were a small group of businessmen begging the King of Surat for some land to establish their godowns. They had not even traveled to or seen the rest of India. Most of India was ruled by the Mughals (Jahangir). Where was the question of the East India Company issuing coins in India? NUMISMATIC COINS - First let us understand how coins as a means of trade evolved. It is very difficult to know today where the concept of coinage first evolved, but based on available evidences, it appears that the concept of money (as coins, which by definition here would be a piece of metal of defined weight stamped with symbol of authority for financial transaction), was conceived by three different civilizations independently and almost simultaneously. Coins were introduced as a means to trade things of daily usage in Asia minor, India and China in 6th century BC. Most historians agree that the first coins of world were issued by Greeks living in Lydia and Ionia (located on the western coast of modern Turkey). These first coins were globules of Electrum, a naturally occurring alloy of gold and silver. These were crude coins of definite weight stamped with incuse punches issued by the local authorities in 650 BC. Most likely the first coins of India were minted just before 5th century BC in northern and central India. Although, few historian have suggested (based on vedic records) that India minted perhaps the first coins of the world which were introduced even earlier than Lydian/Ionian coins, in 8th century BC; most western scholars do not agree with this theory. Both, literary and archaeological evidence confirm that the Indians invented coinage somewhere between 5th to 6th century BC. THE LEBBO - Coming back to your question of the Lebbo "coin", it must be understood that India had innumerable medals, medallions, talismans, temple-tokens, royal tokens, engraved metals, punch-marked coins, value-redeemable metal seals, leather coins, lockets etc., that do not necessarily conform to standard numismatics but which were being produced in every kingdom and region for 2000 years before the British landed in India. Many are still being discovered. Because they were manufactured, minted or cast in small quantities, because they served some purpose (as a reward, as a religious ceremony, as a gift during weddings, etc.) other than trade, their history is often very difficult to trace. But this does not mean that they didn't exist. However, as with alchemy and ayurveda, experiments were conducted by scholars utilizing various metals, herbs and naturally occurring elements for the purpose of studying medicine, chemistry etc. Much of what is often rumored about the lebbo coin is heresy, though some are very true. So what is true? (1) Yes, they were made in a gun-foundry in Surat (2) The purpose for their manufacture is not known. The British assumed it was for some local religious purpose, but the Englishmen were allowed to put their insignia on one side of the coin. A fault in the mould caused "EIC" to become "EID" (3) Its manufacture was done based on some ancient Sanskrit texts. (4) Detailed astronomical study was done before its manufacture. (5) eight "pairs" of coins were made (6) They were made during a solar eclipse as per the instructions in the text. For some unknown reason the sixteen pieces were believed to have been transported to the Andaman Islands some years later, and believed to have been lost in the jetty in what later came to be known as Port Blair. Many believe that people involved in the manufacture in 1616 were struck by unknown disease. At the time when they were made, they were not called "lebbo". This was a name given after 1945 by some researchers. It is an abbreviation for "Light Emitting Bionic Bi-polar Orb" a code name for a specific application they had developed in Germany during the Nazi regime. Some of these coins show peculiar characteristics, which is not surprising considering they were made of rare and unknown alloy mixed with copper. They have antique, curio and intrinsic value if a genuine one can be found. It is rumored that they emit radiation and may be radio-active. Which makes it illegal to possess them. Some attribute unimaginable value to it which is not realistic. I have examined many fakes in Tamil Nadu, Andhra Pradesh and Karnataka. On one occasion I examined a genuine Lebbo coin which showed some form of radiation, causing dry cells to corrupt, interfering with electrical and electronic equipment and causing mild changes in water temperature when it is immersed in it. Out of curiosity I checked the metal piece many times. The results were however never consistent and sometimes very anomalous. It was oval and weighed about 154 gms. I refused to either get involved in its trading or in any transaction related to it. The Lebbo is a current rage among collectors. It is also a vehicle for racketeers who form so-called "Companies" and collect "testing fees" from gullible investors, posing as buyers. Some Govt. agencies - from namely the UK, USA and West Germany (before unification) showed interest in some scientific applications utilizing these coins in the late 1980s and early 1990s. Nothing much is known about these enquiries since. Today there is a mix of mystery, truth, rumors and some ridiculous claims surrounding the Lebbo coins. CONCLUSION - Personally I know they exist. I have tested one that appeared to be genuine. There was no trickery involved as I tested it on my own with full freedom to form my own opinion. It was exactly as described in some magazine articles I had read many years ago. It had "1616" on it and it also showed a fault in the mould (EID), two snakes, three points, the sun, moon, stars etc. It was hand-made. And it weighed about 154 gms.