Anchor coinage
Encyclopedia
The anchor coinage was a series of four denominations of silver coin
Silver coin
Silver coins are possibly the oldest mass produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks. Their silver drachmas were popular trade coins....

s issued for use in some British colonies in 1820 and 1822. The name comes from the crowned anchor
Anchor
An anchor is a device, normally made of metal, that is used to connect a vessel to the bed of a body of water to prevent the vessel from drifting due to wind or current. The word derives from Latin ancora, which itself comes from the Greek ἄγκυρα .Anchors can either be temporary or permanent...

 that appears on the obverse of the coins. The denominations were sixteenth, eighth, quarter and half dollars, indicated by the Roman numerals XVI, VIII, IV and II on each side of the anchor. The reverse design was the royal coat of arms.

According to Krause & Mishler's Standard Catalog of World Coins,http://www.amazon.com/Standard-Catalog-World-Coins-1801-1900/dp/087341652X the coins were issued for use in Mauritius
Mauritius
Mauritius , officially the Republic of Mauritius is an island nation off the southeast coast of the African continent in the southwest Indian Ocean, about east of Madagascar...

 and other Indian Ocean colonies, then later circulated in the West Indies.
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