The EIC's Forgotten Mint: The Rupee and the Making of Empire

In this episode of The East India Company: The Corporation That Conquered Nations, Lucas and Luna explore the Company's surprising role in currency. After the Diwani of 1757, the EIC took over the Surat Mint and began minting its own rupees. But the Company's coins didn't just bear the Mughal emperor's name—they subtly signaled a shift in power. Lucas explains how the Company's silver rupees, stamped with the name of Shah Alam II, became the dominant currency across India, undermining local mints and enriching the Corporation. The episode delves into the mechanics of coinage, the symbolism of the Alampanah rupee, and the quiet revolution of a corporation controlling the money supply. It's a story of power, economics, and the slow erosion of Mughal authority, one coin at a time. #EastIndiaCompany #Rupee #SuratMint #MughalEmpire #Diwani #Coinage #EconomicHistory #ShahAlamII #Alampanah #CompanyBahadur #BritishEmpire #India #18thCentury #Currency #FexingoHistory #History #Podcast #Colonialism Keep every episode free: buymeacoffee.com/fexingo