Coins of British 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, and Bengal Presidency, and each Presidency had a separate coinage and monetary system. In 1835, the EIC adopted a unified system of coinage throughout all British possessions in India and
British Kaffraria The territory came under British rule in the 19th century. However, there was great disagreement on how it should be governed, with the Cape Colony being reluctant to take responsibility for its administration. Its status therefore changed several times before it finally became part of the Cape Colony. The territory’s administration was handled by a British military officer who was appointed as the chief commissioner. Each administrative chief was assisted by assistant commissioners who acted as magistrates, advisors and arbitrators among the several Xhosa tribes. The authority of the Xhosa chiefs was recognised to a limited degree since their decisions