1 Cent

The British East India Company's copper coinage for its Straits settlements — Penang, Malacca, and Singapore in later years — was authorized partly to displace the chaotic mix of Dutch, Spanish, and local coinages that merchants found impossible to reconcile at the counting house. The 1810 issue predates Singapore's founding by nine years; Penang, then called Prince of Wales Island, was the issuing authority's primary concern.

These were struck at Matthew Boulton's Soho Mint in Birmingham, which held the contract for Company copper at the time.