The Very Highest Quality Coins... |
British Colonial Coins |
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Currency
The currency of the Straits Settlements was a decimal system, the standard unit of which, the dollar, was descended from the Spanish 8 Reale piece, which had been used for trade in the area for centuries. The intrinsic silver worth of the coin was an important part of its acceptability in this region of the world (despite the fact that the gold standard had come to predominate in the rest of the world), and so it was very close to its face value*. However, this did make it vulnerable to fluctuations relative to gold, and the rising price of silver caused the straits dollar to be reduced in size in 1907 from 26.950g to 20.21g. The dollar was also debased from 0.900 fine to 0.500 fine in 1919, a year before British silver coinage was similarly debased.
*The Straits Dollar coin of 1904, with an actual silver weight of 0.7799 oz was pegged to Sterling at 2/4d, even though the British Half Crown (with a value of 2/6d) only had an ASW of 0.4205 oz
Prices & Availability
All prices on our websites are subject to fluctuation and availability. Please check before ordering.
Date | Denomination | Grade | Mintage | Availability | Price £ | Price $ |
1895 | One Dollar | aEF | 56,000 | Yes | £400 | $640 |
1904 (Bombay Mint) | One Dollar | EF | 20,365,000 | Yes | £195 | $300 |
1907 | One Dollar | VF | 6,842,000 | Sold | £30 | $45 |
1918 | 5 Cents | Ask | Ask | Ask | £Ask | Ask |
If you want to find the value of a coin you own, please take a look at our page I've Found An Old Coin, What's It Worth?
Coins Wanted
We make an active market in almost all world coins, gold or otherwise, including Straits Settlements coins. If you have any of these coins to sell, please contact us, or post them to us for appraisal and offer.
...at the Lowest Possible Price |
32 - 36 Harrowside, Blackpool, Lancashire, FY4 1RJ, England. Telephone (44) - (0) 1253 - 343081 ; Fax 408058; E-mail: The URL for our main page is: https://24carat.co.uk | Chard(1964) Ltd |