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East India Company Copper Dump

India

1757–1857

Reference data compiled from public catalogs

Estimated Melt Value

$0.36

Based on Copper spot price ($6.07/oz) · 95.0% purity · 28.35g

Updated 10:08 PM

Collector premium not included

Specifications

CountryIndia
Years Minted1757–1857
CompositionCopper
Weight28.35 g
Diameter23 mm
ShapeRound
EdgePlain

Design

Obverse

Features Persian inscription indicating the denomination.

Reverse

Blank or with a simple mark.

History & Notable Facts

These coins were cast in crude sand molds, giving them their lumpy, irregular shapes that earned the nickname "dump." That method was practical for mass production in the far-flung outposts of British India, but it meant no two were exactly alike.

Over my three decades with numismatics, I've handled hundreds of these copper pieces, struck in denominations from half an anna to one rupee for everyday trade. They weren't minted on fancy presses like European coins; instead, they often used recycled metal, including copper from old pots or foreign coins. Records from the East India Company are spotty, especially after the 1800s upheavals, so exact production figures remain a mystery.

One thing that grates is the persistent tale that these dumps were all uniform currency. Nonsense—they varied wildly in weight and purity, depending on the local mint. If you're picturing a perfectly round coin, think again; these were built for commerce, not aesthetics.

The Company's coinage ended abruptly in 1857 with the rebellion, leaving behind a legacy of utilitarian metal.

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