Buy-Sell Old Notes: Have you ever seen a two-and-a-half rupee note? This note is considered extremely unique and rare in India’s monetary history. Jain Coin Gallery, located in Hazaribagh district of Jharkhand, is a place where this note is proving to be not just a piece of paper, but a real treasure. The owner of this gallery is a connoisseur of old coins and notes. He collects them and sells them to collectors, earning millions of rupees. If you are also a collector of old currency or have any rare notes or coins, then this gallery is truly a goldmine for you.
The Two-and-a-Half Rupee Note and its History
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The two-and-a-half rupee note was issued in India during the British era. In the 1920s, when the ‘anna’ system was prevalent (16 annas = 1 rupee), this note of 2.5 rupees, or 40 annas, came into the market. This note remained in circulation for only a few years and was withdrawn in 1926. Therefore, today it is considered extremely rare and valuable. In auctions, the price of such notes has reached up to 640,000 rupees. This note is not just currency, but also an important testimony to the economic history of British India.
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Jain Coin Gallery: A Centre of History
Jain Coin Gallery houses not only the two-and-a-half rupee note, but also Mughal era coins, British India notes, ancient Indian coins, and commemorative coins of the Republic of India. The gallery owner says that every coin and note is an important piece of history. Here you can find ancient coins of copper, silver, and gold, and notes from after 1947.
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Growing Crowd of Enthusiasts
Collectors come to this gallery from far and wide. Its speciality is that the currency available here is cheaper and more authentic than what is found in the online market. The hobby of numismatics, i.e., coin and note collecting, is rapidly growing in India. People are earning millions of rupees by selling old notes and coins. For example, an old 1-rupee note can fetch up to 7 lakh rupees, while notes with fancy numbers sell for crores.
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People are overjoyed
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Collectors visiting the gallery say that seeing the collection here is a delightful experience. Coins of ancient Mughal emperors, notes bearing the image of George V, and other rare items are displayed in an organised manner. The owner explains that every old coin is not just a piece of metal, but a part of history. By preserving them, future generations can understand how our currency evolved.