The hobby of currency collecting, known as numismatics, is experiencing constant growth in India. Many people preserve old notes and coins because of their historical significance or rarity. Collectors are often willing to pay large sums for such items. Importantly, online platforms and auction sites have made buying and selling easier.
According to reports, the 100 rupee note featuring a picture of the Hirakud Dam is particularly popular among collectors because it depicts this historic dam.
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Why is the Hirakud Dam 100 rupee note special?
This note is unique because of the image of the Hirakud Dam on the Mahanadi River. This dam was one of India’s early major multi-purpose projects. Such notes are considered historical and collectible.
Several reports indicate that notes with this design were issued during the tenures of different RBI governors, further increasing their collector value.
How did the price reach up to 2 lakh rupees?
According to information, a specimen version of this note was auctioned for approximately 2 lakh rupees. A specimen note is one that the RBI produces only for display or official use when issuing new notes. These are later sold at auctions and purchased by collectors.
However, the price of a regular circulating note is usually not that high. Reports suggest that in average, such notes might sell for only a few hundred rupees, while the price can be higher if the note is rare or in pristine condition.
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, and the serial number is printed at both the top and bottom. The governor’s signature is at the bottom. The back features “Reserve Bank of India” in Devanagari script and a picture of the Hirakud Dam in the center.
What to do if you have such a note?
If you have such a note, you can check its actual value on collector platforms or auction sites. However, it’s important to remember that not every old note is worth millions. The price depends on the condition, rarity, and demand for the note.
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Important Precaution
Before selling old banknotes, it’s crucial to verify their authenticity. Prices are often exaggerated on social media. Therefore, it’s best to consult a reliable platform or expert.









