Old 5 Rupee Note: You may not believe it, but it’s absolutely true. Collecting old notes and coins has become a hobby for a large number of people today, and this hobby has led to skyrocketing prices for rare currency in the market. Sometimes, a note worth just a few rupees sells for thousands or even lakhs. Such is the case with the old 5-rupee note, whose existence is now very rare.
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An old note means it is no longer in circulation or has become very scarce. If you have such a note, especially a 5 rupee note with a picture of a farmer ploughing his field with a tractor and serial number 786, it could be a great opportunity for you to earn money. Such rare notes can fetch up to one lakh rupees in online auctions.
Companies that Buy Old Notes
Many companies on the internet are known for buying and selling old notes and coins. Platforms like Shopclues and Marudhar Arts are known for offering thousands of rupees for rare notes. In some cases, these companies offer between ₹30,000 and ₹2 lakh for a single ₹5 note. People are earning good profits by selling their old notes on websites like Coinbazaar.com. These websites organise auctions where sellers and buyers can connect directly and transact.
Looking at the notes available on Shopclues, the first-printed ₹10 note is selling for ₹44,999, down from its initial price of ₹49,999. On the banknote coin stamp website, the first-printed ₹2 note is available for sale for ₹6,800.
How to Sell Your Old Note
For those looking to sell their rare notes or coins, Coinbazaar is an easy option. After registering here, you can create your own Store Manager account. You upload clear photos of your note or coin, provide a description, and enter your desired price. The company then lists it, and buyers make offers on your note.
Selling old notes on OLX is also very easy. Visit the website and select the “Sell” option, sign up using your mobile number or Google login, and list your note by entering a photo and information. A buyer can contact you shortly.
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Increasing Demand for Rare Notes
The market for old notes has grown rapidly in the past few years. Due to the increasing number of collectors, the value of rare notes is constantly increasing. Notes with the number 786, the first printed notes, and historical currency with images are particularly in high demand. If you have such a note safely in your possession, it could be an opportunity for you to earn a significant income.