For those interested in old notes, this news is nothing less than a big earning opportunity. Over the years, the value of old and rare notes has risen so much that many people are willing to buy them for lakhs of rupees. Some collectors are even willing to pay thousands of times more than their face value for a note of historical significance. In this context, an extremely rare note from the British era is in the news, which could fetch up to 7 lakh rupees in the market.

Read More- Best POCO Gaming Phones Under Rs 25,000 – Performance, Battery and Display for Gamers

British-era 1935 Note

This rare note was issued in 1935 and is now nearly 90 years old. The note bears the signature of the then-Governor J.W., further enhancing its historical value. Such classic notes can be listed on online platforms like Coin Bazaar and Quikr, where collectors can purchase them for huge sums. However, it’s worth noting that the RBI does not officially permit the buying and selling of old currency. Therefore, the sale of such notes is possible only through online platforms for collection purposes.

Why is the 1 Rupee Note So Special?

The primary reason for the high price of the 1 Rupee note is its printing history. This note was discontinued and reintroduced several times, making some older versions extremely rare. The 1 Rupee note was first printed in 1917 and featured the image of the then British Emperor, George V. Printing ceased in 1926, resumed in 1940, and was stopped again in 1994. After a long hiatus, printing resumed in 2015.

Old Notes in Demand Among Collectors

Pre-independence notes are extremely popular among collectors due to their historical significance and limited availability. Some of these notes are so rare that their value has reached lakhs. The old 1 rupee note, issued by the Government of India, holds a special identity, as the Reserve Bank of India was established in 1935, while the 1 rupee note was issued much earlier.

Read More- Top Turbo Hatchbacks 2025 – Fun and Power on the Road

Government of India Note

The 1 rupee note bears the inscription “Government of India,” not “Reserve Bank of India.” This is because this note was issued directly by the government during the British period, and the same process is followed today. This is why older versions of the note are highly prized, and collectors are particularly interested in preserving them.