World of Coins

Adjacent hobbies => Collecting banknotes => Indian subcontinent => Topic started by: nomadbird on May 21, 2011, 03:33:09 PM

Title: India, 1 rupee 1995
Post by: nomadbird on May 21, 2011, 03:33:09 PM
Hi

http://cgi.ebay.in/ONE-RUPEE-NOTE-SIGNED-MONTEK-SINGH-AHULIWALIA-1995-/250822065773?pt=LH_DefaultDomain_203&hash=item3a6628fe6d

Item was in queue for 25000 INR!  no reasons were mentioned.

Any clues on why this was priced this high ?

Nirmal 
Title: Re: why this item is this much priced?
Post by: Abhay on May 21, 2011, 03:41:47 PM
The printing of 1 rupee note was stopped in 1994. The last 1 rupee notes were printed in 1994, with the signatures of Montek Singh Ahluwalia. All the catalogues mention the last note to be printed in 1994, and there is no record whatsoever for 1 rupee note of 1995.

I don't know if this note is genuine or fake. But if by any chance, it is genuine, than the price of Rs. 25000 is because only very few notes must have been printed in 1995, if at all they were printed. 1994 notes are easily available.

The high price for this note is only due to the year 1995.

Abhay
Title: Re: why this item is this much priced?
Post by: asm on May 21, 2011, 04:10:40 PM
issue 20 of Gullak had a short note on the current market prices of the notes. It lists notes only till 1994 signed by M S Ahluwalia, with B.

I can not see the date properly even after magnification and the seller has a no return policy.

Amit
Title: Re: why this item is this much priced?
Post by: Coinsforever on May 22, 2011, 01:18:27 AM
Dear Nirmal

You may like this  more interesting thread  (http://www.worldofcoins.eu/forum/index.php/topic,8419.0.html)........ in Other Bank notes.

Cheers ;D
Title: Re: why this item is this much priced?
Post by: nomadbird on May 22, 2011, 03:37:22 AM
Hi Ajay,

Nice info posed. I would search for the first and last one rupee printed :)

Thanks
Nirmal