1 Keping Thin flan

The 1804 Keping was struck for circulation in the Straits Settlements — Penang, Malacca, and Singapore — where the Company needed small-denomination coinage to function in local trade networks dominated by fractional transactions. The thin flan variety is a recognized production variant, likely the result of adjusted blank stock rather than deliberate policy, and examples frequently show weak peripheral detail owing to insufficient metal flow at the dies' edges.