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Anchor Coinage
The anchor coinage was a series of four denominations of silver coins issued for use in some British colonies in 1820 and 1822. The name comes from the crowned anchor that appears on the obverse of the coins. The denominations were sixteenth, eighth, quarter and half dollars, indicated by the Roman numerals XVI, VIII, IV and II on each side of the anchor. The reverse design was the royal coat of arms. According to Krause & Mishler's ''Standard Catalog of World Coins,'' the coins were issued for use in Mauritius and other Indian Ocean colonies, then later circulated in the West Indies The West Indies is an island subregion of the Americas, surrounded by the Atlantic Ocean, North Atlantic Ocean and the Caribbean Sea, which comprises 13 independent island country, island countries and 19 dependent territory, dependencies in thr .... See also * Mauritian dollar References Currencies of Africa Currencies of the British Empire Currencies of Mauritius Modern obsolete currenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver Coin
Silver coins are one of the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver. As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar. Other than collector's silver coins, silver bullion coins are popular among people who desire a " hedge" against currency inflation or store of value. Silver has an international currency symbol of XAG under ISO 4217. Origins and early development of silver coins The earliest coins in the world were minted in the kingdom of Lydia in Asia Minor aro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anchor
An anchor is a device, normally made of metal, used to secure a vessel to the bed of a body of water to prevent the craft from drifting due to wind or current. The word derives from Latin ', which itself comes from the Greek (). Anchors can either be temporary or permanent. Permanent anchors are used in the creation of a mooring, and are rarely moved; a specialist service is normally needed to move or maintain them. Vessels carry one or more temporary anchors, which may be of different designs and weights. A sea anchor is a drag device, not in contact with the seabed, used to minimize drift of a vessel relative to the water. A drogue is a drag device used to slow or help steer a vessel running before a storm in a following or overtaking sea, or when crossing a bar in a breaking sea. Anchoring Anchors achieve holding power either by "hooking" into the seabed, or weight, or a combination of the two. The weight of the anchor chain can be more than that of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mauritius
Mauritius, officially the Republic of Mauritius, is an island country in the Indian Ocean, about off the southeastern coast of East Africa, east of Madagascar. It includes the main island (also called Mauritius), as well as Rodrigues, Agaléga, and St. Brandon (Cargados Carajos shoals). The islands of Mauritius and Rodrigues, along with nearby Réunion (a French overseas department), are part of the Mascarene Islands. The main island of Mauritius, where the population is concentrated, hosts the capital and largest city, Port Louis. The country spans and has an exclusive economic zone covering approximately . The 1502 Portuguese Cantino planisphere has led some historians to speculate that Arab sailors were the first to discover the uninhabited island around 975, naming it ''Dina Arobi''. Called ''Ilha do Cirne'' or ''Ilha do Cerne'' on early Portuguese maps, the island was visited by Portuguese sailors in 1507. A Dutch fleet, under the command of Admiral Van War ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Indies
The West Indies is an island subregion of the Americas, surrounded by the Atlantic Ocean, North Atlantic Ocean and the Caribbean Sea, which comprises 13 independent island country, island countries and 19 dependent territory, dependencies in three archipelagos: the Greater Antilles, the Lesser Antilles, and the Lucayan Archipelago. The subregion includes all the islands in the Antilles, in addition to The Bahamas and the Turks and Caicos Islands, which are in the Atlantic Ocean, North Atlantic Ocean. The term is often interchangeable with "Caribbean", although the latter may also include coastal regions of Central America, Central and South American mainland nations, including Mexico, Belize, Honduras, Panama, Colombia, Venezuela, French Guiana, Guyana, and Suriname, as well as the Atlantic Ocean, Atlantic island nation of Bermuda, all of which are geographically distinct from the three main island groups, but culturally related. Terminology The English term ''Indie'' is deri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mauritian Dollar
In 1820, in response to a request from the British colony of Mauritius, the imperial government in London struck silver coins in the denominations of , , and dollars. The dollar unit in question was equivalent to the Spanish dollar and these fractional coins were known as 'Anchor Dollars' because of the anchor that appeared on them. More of these anchor dollars were struck in 1822 and not only for Mauritius but also for the British West Indies. In addition to this, a dollar anchor coin was struck for Mauritius. A year or two later, copper dollar fractions were struck for Mauritius, the British West Indies, and Sierra Leone. The dollar was the currency of Mauritius until 1877. Initially, it was made up of Spanish dollars, with paper money and new coins being issued in the 1820s (see Anchor coinage). The dollar was initially pegged at a value of 2 Indian rupees, then at 4 shillings sterling. In 1822, coins for 25 and 50 sous were issued due to the continued use of the French colo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Africa
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. This article us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
