Coins of British India The 1947 Rupee, half rupee, quarter rupee and Anna coins are also of special interest to collectors, since that was the last year British issued coins were circulated in India. Coins of British India British trading posts in India were first established by the East India Company (EIC) early in the seventeenth century, which quickly evolved into larger colonies covering a significant part of the subcontinent. Early settlements or factories included Masulipatnam (1611) and Madras (1640) in the south, Surat (1612) in the west, and modern-day Kolkata (1698–99) in the east. These colonies gave rise to Madras Presidency, Bombay Presidency,
Territorial evolution of the British Empire British Raj, also called the Indian Empire, was the imperial political structure in the Indian subcontinent between 1858 and 1947, comprising British India (a Crown colony: presidencies and provinces directly governed by the British Crown through the Viceroy and Governor-General of India) and Princely States, governed by Indian rulers, under the suzerainty of the British Crown exercised through the Viceroy and Governor-General of India. Within twenty years of the partition and independence in 1947 of British India (considered to be the most important colonial possession), most of the Empire's territories had achieved full independence. Today 14 former colonies (since 2002