1182) French Trade Dollars: Niue Island in partnership with the East India Company Bullion Ltd. has issued the Fifth Coin in the five-coin series titled "The Trade Dollar Collection" depicting five Trade Dollar Coins which shaped commerce in various parts of the world: A Gold 250 Dollar and a Silver 1 Dollar Coin issued in 2020 depicting the French Trade Dollar:
The Treasury of the Government of Niue Island (located in the South Pacific), in partnership with the East India Company Bullion Ltd. has brought out the fifth and final coin in this immensely popular five-coin series titled "The Trade Dollar Collection".
The Coin Series has featured five of the most popular and sought after trade coins/pieces issued during the mid-19th to the 20th Centuries, which shaped international commerce in various parts of the World.
The first coin in the Series was a Proof quality Collector Coin issued in the first half of 2018 and bullion quality Coin that featured the design of the "British Trade Dollar", originally issued in 1895.
The second coin in the Series was issued in the second half of 2018 and depicted the "Trade Dollar first issued by the United States of America" in 1873.
The third coin in the Series was issued in the first half of 2019, which featured the "Chinese Trade Dollar", first issued in 1889.
For my comprehensive post on this Blog, on the Chinese Trade Dollar Coin, please visit the following link:
The fourth coin in the Series featured a detailed replica of the design which was originally depicted on the "Japanese Trade Dollars" issued from 1875 to 1877. The Coin was presented in High Relief.
For my comprehensive post on the Japanese Trade Dollar Coin, on this blog, please visit the following link:
The history of the French Trade Dollar:
Known as the "INDOCHINA "LIBERTE" PIASTRE DE COMMERCE, this magnificent silver coin was initially introduced with the same specifications as the Spanish piece of eight equalling 24.4935 grams pure silver, later reduced to 24.3 grams in 1895. Created to facilitate trade in the French Indochinese Union created in 1887, it was used throughout the entire Indo-Chinese colonies, to create a much more stable economy.
The Piastre distinctly French in appearance, depicted elements from the Great Seal of the Second French Republic, which was designed in 1848 by engraver Jacques-Jean Barre. It was his son Albert who designed the Indochinese Piastre coins with the family name of "BARRE" appearing below the personification's foot.
The Piastre de Commerce was initially closer in value to the American Silver Dollar, than it was to the French Franc. After the first World War, the Indochinese Piastre was one of the last coins to adhere to the silver standard which remained in place until 1930.
Production of the French Indo-China Piastre de Commerce coins which included the smaller denomination copper coins of 1/2 Cent and one Cent Silver coins of 10, 20 and 50 Cents based on the Seated Liberty Piastre designs were minted at the Monnaie de Paris mint.
The final one Piastre Coins depicting this elegant design was minted in 1928.
The history of the French Trade Dollar:
Known as the "INDOCHINA "LIBERTE" PIASTRE DE COMMERCE, this magnificent silver coin was initially introduced with the same specifications as the Spanish piece of eight equalling 24.4935 grams pure silver, later reduced to 24.3 grams in 1895. Created to facilitate trade in the French Indochinese Union created in 1887, it was used throughout the entire Indo-Chinese colonies, to create a much more stable economy.
The Piastre distinctly French in appearance, depicted elements from the Great Seal of the Second French Republic, which was designed in 1848 by engraver Jacques-Jean Barre. It was his son Albert who designed the Indochinese Piastre coins with the family name of "BARRE" appearing below the personification's foot.
The Piastre de Commerce was initially closer in value to the American Silver Dollar, than it was to the French Franc. After the first World War, the Indochinese Piastre was one of the last coins to adhere to the silver standard which remained in place until 1930.
Production of the French Indo-China Piastre de Commerce coins which included the smaller denomination copper coins of 1/2 Cent and one Cent Silver coins of 10, 20 and 50 Cents based on the Seated Liberty Piastre designs were minted at the Monnaie de Paris mint.
The final one Piastre Coins depicting this elegant design was minted in 1928.
The Coin variants:
The Reverse of the Gold 250 Dollars French Trade Coin is inspired by the famous French Indo-Chinese Silver Trade Piastre de Commerce. Beautifully engraved, it is inspired by the image captured in the original Piastre de commerce Reverse designed by Albert Barre.
An exceptionally engraved seated allegorical female figure is seen, wearing a head-dress of rays similar to that seen on the Statue of Liberty.
To her right, a bail of wheat is shown, symbolic of the bountiful food grown in South-east Asia and to her left, an anchor symbolising France's significant merchant marine trade with the world.
The design is surrounded by a traditional oriental patterned ornate border which appears on each Trade dollar in this collection.
The Obverse of the Gold 250 Dollars French Trade Coin depicts an image of Queen Elizabeth II, designed by Ian Rank-Broadley, whose initials "IRB" appear below the Queen's neck. The peripheral inscriptions are -"QUEEN ELIZABETH II. NIUE ISLAND. 250 DOLLARS. 2020".
The design is surrounded by a traditional oriental patterned ornate border which appears on each Trade Dollar in the Coin Series.
(This image was not present on the Japanese Trade Dollars and is a modern day version of the Obverse)
The design is surrounded by a traditional oriental patterned ornate border which appears on each Trade Dollar in the Coin Series.
(This image was not present on the Japanese Trade Dollars and is a modern day version of the Obverse)
The specifications of the Gold 250 Dollars Coin are:
Denomination: 250 Dollars; Metal Composition: .999 Fineness Gold (Au); Weight: 31.1 grams or 1.0 Oz; Diameter/Size: 32.0 mm; Coin Quality: Proof; Maximum Mintage: 150 Presentation pieces; Country of issue: Niue Island; Minted by: The East India Company Bullion Ltd.; Year of issue: 2020.
The Gold 250 Dollars French Trade coin representation is encapsulated in the above elegant case and presented in a beautiful box, together with a brief history of the Trade Dollar and a Certificate of Authenticity (COA)
The beautiful box in which the encapsulated coin is placed, together with a Certificate of Authenticity (COA).
The Silver One Dollar Coin:
The Reverse of the Silver One Dollar French Trade Coin exhibits identical features as the above Gold Coin.
The specifications of the Silver One Dollar Coin are:
Denomination: 1 Dollar; Metal Composition: .999 Fineness Silver (Ag); Weight: 31.1 grams or 1.0 Oz; Diameter/Size:38.6 mm; Coin Quality: Proof; Maximum Mintage: 1,500 pieces; Country of issue: Niue Island; Minted by: The East India Company Bullion Ltd; Year of issue: 2020.
Posts on Coins issued by the East India Company Bullion Ltd. in partnership with other countries on this Blog:
4) Japanese Trade Dollars: Niue Island in partnership with East India Company Bullion Ltd. has issued the fourth coin in the five-coin series titled "The Trade Dollar Collection" depicting five Trade Dollar Coins which shaped commerce in various parts of the world: A Gold 250 Dollar and a Silver 1 Dollar issued in 2019
5) French Trade Dollars: Niue Island in partnership with the East India Company Bullion Ltd. has issued the Fifth Coin in the five-coin series titled "The Trade Dollar Collection" depicting five Trade Dollar Coins which shaped commerce in various parts of the world: A Gold 250 Dollar and a Silver 1 Dollar Coin issued in 2020 depicting the French Trade Dollar
Links to some other Posts on coin issues from Niue Islands:
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