Why are notes with 786 serial numbers in high demand?
The number 786 is considered very lucky among collectors. If the last three digits of the serial number of a note are 786, then its value becomes several times higher than the normal note. Similarly, repeat numbers (111111, 222222), serial numbers (123456, 654321) and low-serial numbers (000001) also attract collectors. The rarer the serial number, the higher the value of the note.
Why are old Rs 50 and Rs 100 notes special?
There is a huge demand for old Rs 50 and Rs 100 notes. These notes, which were issued before demonetisation in 2016, are now less in circulation, so their price has increased. If such a note is completely new, does not have any stain, cut or much twist on it, and has a unique serial number or printing error, then its price can reach from a few thousand rupees to lakhs of rupees. In some rare cases, it can even sell for crores.
Where to sell old notes?
You can sell these old notes in several places:
The online platform eBay, NumisBids, or specialized currency collecting websites in India
Social media groups... Many currency collecting groups on Facebook and Instagram
Numismatics Dealers - Specialist dealers of old notes and coins
Online marketplace Platforms like OLX, Quikr (with caution)
How to avoid scams when selling?
Not every viral claim about old notes on social media is true. Therefore:
Verify the authenticity of the note and the actual market price.
Use a reliable platform.
Beware of unidentified buyers.
Never share your bank account details with anyone.
If necessary, get the authenticity of the note checked by an expert.
Conclusion
An old Rs 50 or Rs 100 note lying in your cupboard can make you a millionaire, especially if it has a unique serial number (like 786) printing error or an old design. Collectors are paying a good price for them in the market. You can sell them through online platforms or social media groups, but always be cautious and avoid scammers. If you have a rare note, research it today and try to sell it on the right platform. Stay tuned to timesbull.com for more such financials, investment tips and rare currency information.
