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,
Bermuda Militia 1612–87 to destroy them. What fate ultimately befell those two colonies is unclear, but the third established, Jamestown, spent its first years teetering on the same knife-edge between the threats of the Spanish, the Native nations, starvation, and disease. Bermuda, also, was subject to Spanish threat. Colonised by the Virginia Company, accidentally, in 1609, the first settlers arrived under Governor Richard Moore in 1612. Moore's first concern was the defence of the colony against an attack that was thought imminent. He oversaw the start of the fortifications built around Castle Harbour and the Town of St. George's. A militia was raised