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Great Britain – Saint Helena
British East India Company
1821 Copper Half Penny 28mm (7.40 grams)
Reference:
KM# Tn1
PAYABLE AT ST HELENA BY SOLOMON DICKSON AND
TAYLOR, 5-line lettering in the center
surrounded by lettering.
ONE HALF PENNY * S D T, 3-letter abbreviation in
the center.
Coin Notes:
In 1815 the St. Helena economy was bolstered by the arrival of the exiled Napoleon. The Emperor’s entourage and the guarding force of British troops suddenly doubled the island’s population bringing great prosperity. In order to sustain this growth the Company sent out £50,000 in dollars in 1819. St. Helena was at the peak of its prosperity. Two years later, in 1821, wheels were set in motion for the supply of two copper coinages specifically struck for use on the island. The first issue was of an unofficial nature and originated from a local firm of merchants called Solomon, Dickson and Taylor. Instructions were sent to England for the manufacture of 70,560 halfpenny tokens. Responsibility for the second issue belonged to the Court of Directors of the Honourable East India Company based in England. They requested the Mint of Matthew Robinson Boulton, at Soho near Birmingham, to strike a copper coinage to the total value of £1,000. For this sum the Company received 702,704 halfpenny pieces. Before either of the new copper coinages arrived in St. Helena, Napoleon died on 5th May 1821. Soon after, most of the troops, high military officers, civil servants and their families had left the island. Consequently the demand for the halfpenny pieces never reached the level originally conceived. In 1830 a large surplus stock of the East India Company copper coins in an unissued state was returned to England for melting. It would be easy to conclude from this event that the coinage was a failure. Far from it, the halfpennies remained in circulation on the island and proved an acceptable payment to all parties. These characteristics must have appeared very attractive to a Company which was still encountering difficulties in maintaining a regular supply of silver coin on St. Helena. David Vice. “The Coinage of British West Africa & St Helena 1684-1958”
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
  Saint Helena (/həˈliːnə/) is a remote volcanic tropical island in the South Atlantic Ocean, belonging to the United Kingdom. The island lies some 1,950 kilometres (1,210 mi) west of the coast of southwestern Africa, and 4,000 kilometres (2,500 mi) east of Rio de Janeiro on the South American coast. It is one of three British Overseas Territory grouped as Saint Helena, Ascension and Tristan da Cunha. Saint Helena measures about 16 by 8 kilometres (10 by 5 mi) and has a population of 4,534 (2016 census). It was named after Saint Helena of Constantinople. It is one of the most isolated islands in the world and was uninhabited when discovered by the Portuguese in 1502. It was an important stopover for ships sailing to Europe from Asia and Southern Africa for centuries.
 The island was the place of imprisonment of Napoleon by the British from 1815 to his death in 1821. Dinuzulu kaCetshwayo was imprisoned there (for leading a Zulu army against British rule), along with more than 5,000 Boers taken prisoner during the Second Boer War, including Piet Cronjé.
Saint Helena is United Kingdom’s second-oldest overseas territory after Bermuda.
Under the provisions of the 1833 India Act, control of Saint Helena passed from the East India Company to the British Crown, and it became a crown colony. Subsequent administrative cost-cutting triggered a long-term population decline: those who could afford to do so tended to leave the island for better opportunities elsewhere. The latter half of the 19th century saw the advent of steamships not reliant on trade winds, as well as the diversion of Far East trade away from the traditional South Atlantic shipping lanes to a route via the Red Sea (which, prior to the building of the Suez Canal, involved a short overland section). So the number of ships calling at the island fell from 1,100 in 1855 to only 288 in 1889.
 In 1840, a British naval station established to suppress the African slave trade was based on the island, and between 1840 and 1849 over 15,000 freed slaves, known as “Liberated Africans”, were landed there.
In 1858, the French emperor Napoleon III purchased, in the name of the French government, Longwood House and the lands around it, the last residence of Napoleon I (who died there in 1821). It is still French property, administered by a French representative and under the authority of the French Ministry of Foreign Affairs.
On 11 April 1898 American Joshua Slocum, on his famous and epic solo round-the-world voyage, arrived at Jamestown. He departed on 20 April 1898 for the final leg of his circumnavigation, having been extended hospitality by the governor, His Excellency Sir R A Standale. He presented two lectures on his voyage and was invited to Longwood by the French Consular agent.
In 1900 and 1901, over 6,000 Boer prisoners were held on the island, notably Piet Cronjé and his wife after their defeat at Battle of Paardeberg. The resulting population reached an all-time high of 9,850 in 1901.
A local industry manufacturing fibre from New Zealand flax was successfully re-established in 1907 and generated considerable income during the First World War. Ascension Island was made a dependency of Saint Helena in 1922, and Tristan da Cunha followed in 1938. During the Second World War, the United States built Wideawake airport on Ascension in 1942, but no military use was made of Saint Helena except maintenance of its defences.
During this period, the island enjoyed increased revenues from the sale of flax, with prices peaking in 1951. However, the industry declined because of transport costs and competition from synthetic fibres. The decision by the British Post Office to use synthetic fibres for its mailbags was a further blow, contributing to the closure of the island’s flax mills in 1965.
From 1958, the Union Castle shipping line gradually reduced its service calls to the island. Curnow Shipping, based in Avonmouth, replaced the Union-Castle Line mailship service in 1977, using the RMS (Royal Mail Ship) St Helena which was introduced in 1989.
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