I am attempting to find information on the Straits Settlements
50-cent coin that I have. It appears to be in Uncirculated
condition, with no scratches, rim dings or evidence of rubs on the
The reader submitted images of an 1894 silver 50-cent coin from the
The Straits Settlements, on the Malay peninsula of Asia, was formed
in 1826 and ruled by Britain’s East India Company. It was part of
British India from 1858 to 1867, before being made a crown colony. In
1939, it became part of Malaya.
Most of the area in the historic Straits Settlements is now part of
Singapore and Malaysia.
The colonial coinage debuted in 1871, with the release of
quarter-cent, 5-cent, 10-cent and 20-cent coins. Cent and half-cent
coins followed in 1872, and finally the 50-cent coin, the largest
denomination, was issued in 1886.
The cent and fractional coins are composed of copper or bronze, and
the other coins are composed of silver.
These coins show Queen Victoria on the obverse; reverses show their
The 50-cent coin was about the same size as and contained slightly
less silver than the Barber half dollar then in circulation in the
United States. A closer comparison might be to the Canadian 50-cent
coin, another silver decimal coin from a crown colony — the Canadian
and Straits Settlements coins are nearly identical in size and silver content.
In 1894 the 50-cent coin of the Straits Settlements had a mintage of
52,000 pieces. Though it is rare compared to, say, a U.S. coin, no
overwhelming demand for it arises from collectors building Straits
Settlements coin sets by date and Mint. The piece attracts collector
interest merely as a type coin.
Multiple examples in the past few years, exhibiting damage or in
lower, circulated grades, have failed to sell at auctions in Hong
Kong, Germany, London, the United States and beyond.
A recent example sold at public auction was graded Extremely Fine 45
The coin sold in Ponterio & Associates’ Aug. 22, 2011, auction
Numismatic Guaranty Corp. provides pricing for three different
levels in its price guide: $400 for Very Fine 20, $850 for EF-40 and
$2,300 in Mint State 60.
Coin World does not grade or authenticate coins, so the reader
should consider submitting the coin to a third-party company if he
desires those services.