Coal Exchange, London

London Coal Exchange
James Bunstone Bunning's design model for the Coal Exchange, held by the Royal Institute of British Architects and displayed by the Victoria and Albert Museum.
London Coal Exchange is located in City of London
London Coal Exchange
London Coal Exchange
Location with the City of London
Alternative namesThe third London Coal Exchange building
General information
StatusDemolished
TypeTrading exchange
Architectural styleItalianate style
LocationThames Street
Town or cityCity of London
CountryUnited Kingdom
Coordinates51°30′34″N 0°05′01″W / 51.5094°N 0.0835°W / 51.5094; -0.0835
Construction startedDecember 1847
Completed1849
Inaugurated30 October 1849 (1849-10-30) by Prince Albert
DemolishedNovember 1962 (1962-11)
OwnerCorporation of London
Technical details
Structural systemCast iron
MaterialPortland stone
Floor count4
Design and construction
Architect(s)James Bunstone Bunning

The London Coal Exchange was situated on the north side of Thames Street in the City of London, nearly opposite to Old Billingsgate Market, occupying three different structures from 1770 to 1962. The original coal exchange opened in 1770. A second building from 1805 was replaced by a new purpose-built structure constructed from 1847 to 1849, and opened by Prince Albert on 30 October 1849. This third London coal exchange was one of the first substantial buildings constructed from cast iron, built several years before the hall at the Great Exhibition. It was demolished in 1962 to allow widening of what is now Lower Thames Street despite a campaign by the Victorian Society to save the building. Cast iron decorations from the 1849 Coal Exchange building were selected as the model for the dragon boundary mark for the main entrances to the City of London.