Gold Coast ackey
Encyclopedia
The ackey was a currency issued for the Gold Coast
by the British
between 1796 and 1818. It was subdivided into 8 takoe and was equal to the British halfcrown
, i.e., 1 takoe = 3¾ pence
and 1 pound = 8 ackey.
The currency consisted of silver coins in denominations of 1 takoe, ¼, ½ and 1 ackey. All coins bar the takoe carried the inscription "Free Trade to Africa by Act of Parliament 1750".
Gold Coast (British colony)
The Gold Coast was a British colony on the Gulf of Guinea in west Africa that became the independent nation of Ghana in 1957.-Overview:The first Europeans to arrive at the coast were the Portuguese in 1471. They encountered a variety of African kingdoms, some of which controlled substantial...
by the British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
between 1796 and 1818. It was subdivided into 8 takoe and was equal to the British halfcrown
British Half Crown coin
The half crown was a denomination of British money worth half of a crown, equivalent to two and a half shillings , or one-eighth of a pound. The half crown was first issued in 1549, in the reign of Edward VI...
, i.e., 1 takoe = 3¾ pence
Penny
A penny is a coin or a type of currency used in several English-speaking countries. It is often the smallest denomination within a currency system.-Etymology:...
and 1 pound = 8 ackey.
The currency consisted of silver coins in denominations of 1 takoe, ¼, ½ and 1 ackey. All coins bar the takoe carried the inscription "Free Trade to Africa by Act of Parliament 1750".