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1 Tackoe - George III
| Issuer | African Company of Merchants |
|---|---|
| Year | 1796 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | KM#Tn1a |
| Obverse description | Central field features the cursive royal cypher 'GR' (Georgius Rex) in large script, surmounted by an ornate St. Edward's Crown. The date 1796 is inscribed to the upper left of the crown, flanking the cypher. The central device is encircled by a wreath of olive branches tied with a ribbon bow at the base. The coin's border is decorated with a continuous milled or beaded rim characteristic of Soho Mint production. |
|---|---|
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| Edge | Plain |
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| Additional information |
The African Company of Merchants, a regulated trading company operating out of British forts along the Gold Coast, issued this tackoe as a trade token to facilitate small transactions at coastal trading posts where Spanish, Portuguese, and local currencies circulated in chaotic parallel. The Royal African Company had lost its monopoly in 1752, and its successor body — the ACM — operated on parliamentary subsidy rather than exclusive rights, which left its commercial infrastructure perpetually underfunded.
The silver striking catalogued as Tn1a is the scarcer variant; a copper issue exists for the same type.