1 Cash

The East India Company's smallest copper denominations were minted primarily at the Madras Presidency, where the cash — derived from the Tamil *kāsu* — had circulated as a unit of account for centuries before the Company standardized it. KM#1 designates the earliest catalogued type in the series, issued as the Company worked to displace a chaotic patchwork of local coinage that varied by town, ruler, and even individual merchant house.