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₹1 Banknotes to Make Comeback in India

Started by Bimat, December 26, 2014, 09:12:27 AM

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Pabitra

I have not been to get full details but this is not standoff case.
It appears that it is not promissory note but currency note and hence has to be accounted for by the ministry in a different manner and for which the due approval has not been passed in Parliament.

Since the standoff continues in parliament between ruling party and the opposition, RBI is no where to be blamed.

Vivek

Here is mine with Rs100 Telescopic Number.
Not yet received in hand with Friend

Vivek

dheer

Great. Did you also manage to get the Rs 1 note? where did you get it from?
http://coinsofrepublicindia.blogspot.in
A guide on Republic India Coins & Currencies

Vivek

Sorry I forgot to mention..Yes I have both notes.
Santoshk Got them from Mr.Velunde..Still I have not got in my hand.. in a day or two I will get them and will post pics.
Also am not aware how much he paid.
Vivek

Bimat

Apparently, RBI head office in Mumbai has started distributing new ₹1 banknote bundles.

A person on FB sold 100 bundles for ₹1500 each within an hour, making handsome profit of ₹1,40,000. I pity the buyers... ::)

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

dheer

Quote from: Bimat on August 27, 2015, 04:17:38 PM
Apparently, RBI head office in Mumbai has started distributing new ₹1 banknote bundles.

A person on FB sold 100 bundles for ₹1500 each within an hour, making handsome profit of ₹1,40,000. I pity the buyers... ::)

Aditya

Well Rs 1500 for every bundle !!! Unbelievable .... well there are enough fools around. ;D
http://coinsofrepublicindia.blogspot.in
A guide on Republic India Coins & Currencies

Bimat

Quote from: dheer on August 27, 2015, 04:39:23 PM
Well Rs 1500 for every bundle !!! Unbelievable .... well there are enough fools around. ;D

Why are you surprised? Couple of months back, there were people who were buying a single note for ₹2000! :o ;D

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Vivek

Breaking news on FB is..Bundles have been released in Mumbai and Delhi so  few people are urging buys not buy at higher price. In few days these will be distributed through banks.
Vivek

aarkay

Quote from: dheer on August 27, 2015, 04:39:23 PM
Well Rs 1500 for every bundle !!! Unbelievable .... well there are enough fools around. ;D

Hi Dheer...

Proving the saying "A sucker is born every minute ;D"

Aarkay
Why worry about dead yesterdays and unborn tomorrows....live in the present...a present for you today...

Bimat

I shall try to get a few bundles using my contact in RBI for face value and let members (those whom I know or serious collectors, not retailers!) of WoC take it with 0% premium. This is NOT a promise as RBI has strange distribution systems at times but I shall try my best. :)

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Vivek

Note rates have come down to Rs20 per note from rs100.
And already * notes...Still new Rs 400...Just took photo from dealer

vivek

dheer

Yep the Star note are available ... now that the finance secretary has changed, we should soon expect a new one :)
http://coinsofrepublicindia.blogspot.in
A guide on Republic India Coins & Currencies

Pabitra

I have been sent a news clip from Jaipur.
They are now being distributed.
Since the clip is in Hindi, I have not put it here.

Pabitra

Quote from: dheer on September 06, 2015, 11:44:48 AM
Yep the Star note are available ... now that the finance secretary has changed, we should soon expect a new one :)

The finance secretary, who got this note issued to political VIPs, has been rewarded with Home Secy post, there is no reason why the new finance secretary not follow the example.

Bimat

Quote from: Vivek on September 06, 2015, 10:57:49 AM
Note rates have come down to Rs20 per note from rs100.

Oh dear, don't tell me that! I know few people who paid ₹2000 for a single note! They must be having nightmare now. ;D >:D

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.