If you also have an old ₹1 note from the British rule, then you can become a millionaire overnight! Nowadays, this time is proving to be very beneficial for the lovers of old notes and coins, because the demand for rare old currency has suddenly increased a lot in the international market. In online auctions, people are spending up to lakhs of rupees for old notes and coins of one or two rupees. Even a special ₹1 note is being sold online for ₹200 to ₹7 lakhs. How much money you will get in exchange for your note depends on how old and how unique your note is.
Why is the ₹1 note so expensive
Why is the price of a special ₹1 note so high? The main reason for this is its historical importance. The Government of India stopped printing ₹1 notes about 29 years ago. Although they were reintroduced in 2015, some special notes from the pre-independence era are in great demand among collectors. The value of these rare notes lies in their historical identity.
Price of this Antique Old Note
The ₹1 note issued in 1935 is a rare note of British India, which bears the signature of the then Governor J.W. Kelly. Due to its rarity and historical importance, this nearly 80-year-old note can fetch up to ₹7 lakh in an auction.
How to sell your note in an online auction
If you also have such old notes or coins and want to sell them, then you can participate in the auction on the online platform.
There are many online websites, like Coin Bazaar and Quikr, where you can sell your notes and coins.
Register yourself as a seller.
Take a clear and good photo of your note and upload it to the website.
Interested buyers will contact you, and you can strike a deal at your agreed price.
Important points to note
The Reserve Bank of India (RBI) has not officially approved the trading of such old notes and coins. Such transactions are completely a personal matter between the seller and the buyer. To avoid any kind of fraud, do your due diligence before entering into any transaction.
