u/Big-Produce-784

The British introduced this coin as the internal currency of the settlement colonies in the Straits of Malacca- Singapore, Malacca and Penang , a key shipping route as the sea silk route passed through these ports and handled most of the sea trade between Asia and the west. While this coin was internal currency and hence showing King Edward , the British trade dollar (another coin) shows Britannia holding a trident and a merchant ship. This 1904 London mint coin has a silver content of 90% and is a larger size than the those produced after 1908.

Bought this in Singapore, and love the chop marks. The coin itself is slightly concave from the force of chopping. Love chop marks on trade dollars as that's how they were meant to be used . What I like about this coin is that it has chop marks of chinese characters, geometric (circle)punches as well as testing punch marks . This coin was probably used in payment for tea, silk, porcelain or opium.