British India : Rupees Two Annas Eight - Currency Note of George V

[Abhay]

I searched all the Asia Board, and was surprised to note that no image of 2 1/2 Rupee has been uploaded/available, although 1 or 2 threads do mention about 2 1/2 Rupee note of George V.

Although I do not collect British India Currency Notes, I had purchased this note a long time ago. My only purpose to purchase this note was that this note acts as a crowd puller, whenever any exhibition of Coins and Currency Notes is held.

So, if in future, I plan to hold some exhibition, this note will bring in many spectators, even if they do not collect coins or currency notes.

This particular currency note is from Lahore press, which is indicated by "L" in the serial number of the note.

Abhay

[Einstein]

Great work. How much you paid for that?

[dheer]

Good one, yes it sure is a crowd puller. At times mistaken for fancy item as the denomination is quite odd 

[sdchaugule]

One is lucky to get such note in his collection. Kindly indicate the price paid for this gem.
It is really RARE note.

[Abhay]

I purchased this note for 90,000 about 2 years back.

Abhay

[Mackie]

90000 for this note? 

[srinath]

superb note in very good condition but 90k seems to be very high for a mortal like me..

[Einstein]

I purchased this note for 90,000 about 2 years back.

Abhay

What 90,000? Paise? 

[Bimat]

Last time I saw it for sale for some 2.5 Lacs...so 90k is a bargain.

Aditya

[Abhay]

90000 for this note? 

This April, the note shown below sold for Rs. 75,000 + Commission + Taxes (About Rs. 85,000) in Todywala Auction.

The details of the note:
George V, Rupees 2 Annas 8 (2 & ½ Rupees), 1918, signed M. M. S. Gubbay, Prefix B for Bombay, (J&R 3.1B). Early restoration of two parts, Fine, Very Rare.

Considering that my note is still in one piece, and it is from Lahore (Lahore is considered to be rare among the 2 1/2 Rupee notes), I think, Rs. 90,000 was a very reasonable price. And as Aditya says, the present price for this condition of note is about Rs. 2.50 Lacs, it was not a bad decision.

Abhay

[dheer]

This is just one of the Gems in Abhay's collection. Requesting Abhay to put up more such Gems.

[MWM]

Superb note Abhayji. Timely purchase i would say. The prices of anythink related to british India has skyrockted in last two years.
rgds,

[srinath]

Excellent Abhay ji..
its also difficult for one to preserve these notes on a long run but then when compared to todywalas to yours,
your note is in excellent condition. i never assumed that the british india notes would be of such high prices..

[dheer]

Although I don't do British India, my friend is ready to sell his 1-BHK the minute he finds some of the coins he is looking for ... says they would be in the range of 30 lacs ... 

[Mackie]

If my grandfather would have saved some British India coins and banknotes for me then I would have retired at the age of 25.