The first coinage to be struck in Europe specifically for Ceylon. In 1801 Governor North requested 100,000 lb weight to be coined into stivers at the rate of 37 to the pound ; 15 stuivers at the established exchange to equal 8 pennys sterling. The copper to be of the same quality as that of the good half-pence in England. These Stivers were demonetized along with the fanam and Dutch duits by proclamation of 1874, March 17th.

The Governor was informed by the Secretary of State's despatch of 1802, May 1st, the concurrence of the Treasury for the coinage of 10,000 lb weight of copper. The coins were struck at the Soho Mint, Birmingham, by Matthew Boulton, and consisted of a whole, half and quarter stiver (48th, 96th and 192nd of a rix-dollar). The weight is seemingly based on 50 to the Dutch pound, the standard used for the first local copper coinage in 1801.

 

 

1802 - Ceylon Government Minted Copper Elephant Stivers - Coin

The first coinage to be struck in Europe specifically for Ceylon.

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