Saint Helena is a small island in the South Atlantic Ocean which is part of the British overseas territory of Saint Helena, Ascension and Tristan da Cunha. The currency of the island is the Saint Helena pound, fixed at parity with the pound sterling. The island has authorised some private mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the popular gold quarter ounce (1/4 oz gold) format, usually denominated as £2.
This coin (denominated as £1 and slightly heavier than a quarter ounce) is part of The 2017 Empire Collection gold proof set issued by The East India Company, which features nine English monarchs, and is dedicated to Queen Victoria of the United Kingdom (1819 - 1901).
Victoria (Alexandrina Victoria) was Queen of the United Kingdom of Great Britain and Ireland from 20 June 1837 until her death. From 1 May 1876, she used the additional title of Empress of India. Victoria was the daughter of Prince Edward, Duke of Kent and Strathearn, the fourth son of King George III. Both the Duke of Kent and King George III died in 1820, and Victoria was raised under close supervision by her German-born mother Princess Victoria of Saxe-Coburg-Saalfeld. She inherited the throne at age 18, after her father's three elder brothers had all died, leaving no surviving legitimate children. The United Kingdom was already an established constitutional monarchy, in which the sovereign held relatively little direct political power. Privately, Victoria attempted to influence government policy and ministerial appointments; publicly, she became a national icon who was identified with strict standards of personal morality.
Her reign of 63 years and seven months, which is longer than that of any other British monarch and the longest of any female monarch in history, is known as the Victorian era. It was a period of industrial, cultural, political, scientific, and military change within the United Kingdom, and was marked by a great expansion of the British Empire. She was the last British monarch of the House of Hanover. Her son and successor, Edward VII, belonged to the House of Saxe-Coburg and Gotha, the line of his father.
The Mint says about the set:
“Whosoever commands the sea, commands the trade, whosoever commands the trade of the world, commands the riches of the world and consequently the world itself.”
– Sir Walter Raleigh
From its very first voyage in January 1601, until it was dissolved and absorbed into the British Crown in 1874, The East India Company laid the foundation of the British Empire in the East. Overtime "The Company" rose to account for half of the world’s trade including cotton, silk, indigo dye, salt, saltpetre, tea and bullion. It had its own army and navy, its stocks were central to London’s financial markets and at one point it ruled over 400 million people. Learn the story of the world’s most famous Company through its coins. The 2019 Empire Collection is a series of nine silver proof coins which tell the story of a band of merchants who created an Empire through the monopoly, privilege and power bestowed on them by the Monarchs that ruled.
The final coin in the Empire Collection features the portrait of Queen Victoria, Empress of India as found on her Imperial issue 1862 mohur along with the intricate pattern from the same coin. In 1877, Queen Victoria became Empress of India, following the Indian Rebellion of 1857 and the dissolution of the East India Company. The British Empire was at the height of its power. Queen Victoria, Empress of India, ruled over countries stretched far around the globe, and home to approximately one-fourth of the world’s population.