In today’s time, the hobby of collecting old notes and coins has become not just a hobby but also a means of investment and earning. Many collectors are ready to spend lakhs of rupees for rare notes and coins. This is the reason why there is a huge demand for them on online platforms like OLX, Quikr, eBay, and Indiancoinmill.

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Specially designed 100 rupee note

Old 100 Rupees Note

The Reserve Bank of India issued several designs of 100 rupees at different times. Currently, there is a new blue color note in circulation, which is smaller in size, but the old notes are still valid. One of these old notes is a very special note, on which the picture of the Hirakud Dam, built on the Mahanadi of Odisha, is printed. This note has now become very rare and is no less than a treasure for collectors.

Features of Hirakud Dam Note

On the front side of this note, Reserve Bank of India is written in Hindi and English at the top. A white stripe is visible on the left, and 100 rupees is written in English. The serial number is marked on the top and bottom of the note, and the governor’s signature is also there below. The Reserve Bank of India is written in Hindi on the back of the note, and a picture of the Hirakud Dam is featured in the middle.

When were these notes issued?

According to the information, the 100 rupee notes with Hirakud Dam were issued during the tenure of four different governors of the RBI. These governors were S. Jagannathan, K.R. Puri, M. Narasimham, and I.G. Patel. This is the reason why these notes have a different importance among collectors.

How much is the price of these notes

According to the report of Indiancoinmill, a specimen (specimen copy) of this rare note was auctioned for Rs 2 lakh. This auction was done by the Classical Numismatic Gallery. Whenever a new note is issued, the RBI issues its specimen copy only for exhibition purposes. Later, they are also auctioned. Such notes attract collectors and can fetch them lakhs of rupees.

How to sell this note

Old 100 Rupees Note

If you have this note, you can register on a website like Indiancoinmill. By creating an account here, you can upload the picture of the note and your details. After this, interested buyers will contact you directly and the price of your note can be decided.

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What does RBI say about this

You will be surprised to know that the Reserve Bank of India (RBI) prohibits the buying and selling of old notes. However, there are platforms mentioned above that sell old notes and coins. Keep in mind that you have to be completely careful while selling notes. Otherwise, you can also be defrauded. Get complete information before selling old notes and coins.