Special 100 Rupee Notes: Many people in India and around the world have a hobby of collecting old coins and banknotes. Due to their historical significance, unique designs, and limited availability, the value of such currencies increases manifold over time. This is why old notes and coins are auctioned on several online platforms today.
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History of the Old 100-Rupee Notes
The Reserve Bank of India (RBI) has issued several designs of the 100-rupee note over time. Earlier, larger-sized notes were in circulation, while now smaller, blue-colored notes are in use. Despite this, the old design notes are still valid, and some specific notes are considered extremely rare.
Why is the Hirakud Dam 100-Rupee Note Special?
The Reserve Bank of India issued a special 100-rupee note commemorating the Hirakud Dam built on the Mahanadi River in Odisha. The back of this note features a picture of the Hirakud Dam, which distinguishes it from regular notes. This unique feature makes it highly popular among collectors.
Specimen Notes and Their Value
Whenever a new note is designed, the RBI prepares some specimen copies. These notes are not meant for general transactions but are created for exhibitions or auctions. According to reports, one such specimen note of the Hirakud Dam 100-rupee note was auctioned for approximately 2 lakh rupees.
How to Identify the Note
The front of this note has “Reserve Bank of India” written in Hindi and English. There is a white strip on the left side with “100 Rupees” printed on it. The serial number is at the top and bottom, and the signature of the RBI Governor is at the bottom. The back has “Reserve Bank of India” written in Devanagari script and a picture of the Hirakud Dam in the center.
Under Which Governors Was This Note Issued?
This 100-rupee note was issued during the tenure of four different RBI Governors, including S. Jagannathan, K. R. Puri, M. Narasimham, and I. G. Patel. Notes bearing the signatures of different governors also show variations in value.
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What to do if you have this note
If someone possesses the rare 100-rupee note featuring the Hirakud Dam, they can register on websites like IndianCoinMill. After uploading a clear picture of the note and providing the necessary information, potential buyers can contact them directly, and they can get the right price.