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Unknown Tetradrachm
The Ormskirk & West Lancashire

Host Society for the

 BANS 2011 Congress

held in Southport

BANS 2011 Congress Report

Sierra Leone 1791


The Eighteenth Century was a period of formality and symbolism, however varied the style of coin design. Almost inevitably, one side of a coin featured the head of a ruler, or a personification of a town or city, and the other side featured a coat of arms or other heraldic device. There were exceptions, such as the small coppers issued from Malta, showing the head of St John the Baptist on a plate but, perhaps fortunately, these were not part of the general pattern.

In 1791, the Sierra Leone Company was founded to organise and manage a settlement on the western shores of Africa which would be a refuge for Africans avoiding or escaping slavery. Very soon after its establishment, the new colony found a need for coinage, and eventually an order for a range of denominations was given to Matthew Boulton at the Soho Mint in Birmingham. Commencing in December 1792, One Dollar Pieces in silver and One Penny Pieces in copper were struck. No sooner had these been despatched to Africa, than the Company decided to convert its accounts to a decimal standard, and the  penny coins were followed later in 1793 by One Cent Pieces in copper, Ten and Twenty Cent Pieces and Half Dollar Pieces in silver, together with a revised dollar whose denomination was expressed numerically as '100.'

The designs were all similar, a crouching Lion, ready to spring, on the obverse, and an inter-racial handshake on the reverse, with one hand unshaded to represent the white man, and one hand shaded to represent the black man.


It would be difficult to imagine designs less typical of the formalism of the Eighteenth century, but that was not the only feature of interest of these remarkable coins. With a denominational structure of One Dollar equalling One Hundred Cents (or Fifty Pence!) these were among the world's very first decimal coins!


Fortunately for modern collectors, Matthew Boulton was sufficiently impressed with the designs of the Sierra Leone coins that appreciable numbers were struck for presentation purposes, including complete sets of proofs in copper. Indeed, more than 200 specimens of the penny were included in the Soho sale of 1850


Chris Leather

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