NGC GENUINE 1808 10 CASH - EAST INDIA COMPANY - ADMIRAL GARDNER SHIPWRECK PEDIGREE
None of today's corporate entities could ever dream of wielding the authority and influence wielded by the British East India Company. The EIC possessed the full capabilities of a sovereign state, including the ability to coin currency, establish and enforce laws, raise armies, and engage in warfare—all without requiring the approval of the monarchy. Established in 1600 under Queen Elizabeth I, the company's success eventually led to it controlling half of global trade—an unprecedented dominance then and now. By 1757, the British government entrusted the administration of its prized possession, India, to the EIC. For a century, a corporation, rather than a traditional governing body, effectively governed one of the world's largest territories.
Medium Grade - Certified Authentic and Encapsulated for Preservation by NGC
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