I’m going to share with you today the top ten most valuable one rupee notes, some of which are worth over one lakh rupees now.
Some of them dates back to the British India, while others from the Republic of India. May be you are having some note that is worth of millions of rupees, or may be you don’t know. Either ways I am going to let you know. At https://clavesdesantafe.com/, there are a lot of articles or blogs like this:
Top 10 Most Valuable One Rupee Notes
1. One Rupee Note 1964 — S. Bhoothalingam
Now, the 1964 one rupee note signed by S. Bhoothalingam is extremely rare and India’s most expensive one rupee note. The back of this note bears a message in thirteen languages, “One Rupee”, indicating the linguistic diversity in India. This note is much prized by collectors, who will pay up to ₹25,000 for a UNC (Uncirculated) specimen. The rarity and the fact that S. Bhoothalingam’s term as Secretary of Economic Affairs was an important period in history, add to its value.
Although it’s really tough to collect this precious 1 rupee note, you can collect more than 15 lakh to 20 lakh rupees by gathering a bundle of 1964 notes.
According to the note condition, the price may vary between ₹5,000 to ₹25,000.
2. One Rupee Note 1917 — George V
The first to be issued in India, the 1917 one rupee note made it a quite precious piece for the numismatic history. This note is signed by three governors: H Denning, AC McWatters, and MMS Gubbay. It has the portrait of King George V on it. All variations carry the same rarity and the same value. They are worth INR 50,000 to INR 80,000 in UNC condition. A part of the imperial past of India is equal to owning such a note.
Prices vary from ₹50,000 to ₹80,000 depending on which condition the note is in.
3. One Rupee Note 1935 — JW Kelly
Although this note sports the image of King George V and has a coin imprint from 1935, it was actually issued in 1940. It is unique since only JW Kelly signed it. The price for the note is around INR 20,000 to INR 30,000 in UNC. Collectors find immense value in the historical significance of this note, which covers the period right before India’s independence and the final years of the British Raj.
The price varies between ₹20,000 and ₹30,000 based on the condition of the note.
4. One Rupee Note 1940 — George VI
One of the favorite pieces among collectors, this 1940 one rupee note was during the reign of King George VI. The coin has CE Jones’s signature and a coin impression of 1940. It is especially rare due to the 1940 coin imprint, despite the fact that it is dated 1944. Some of these note varieties are worth more than ₹ 50,000 in UNC condition. This is an independence-towards note. Thus, the history will be pretty tumultuous during this time.
Price range: between ₹20,000 and ₹50,000 according to the condition of the note.
5. One Rupee Note 1951 — KG Ambegaonkar
KG Ambegaonkar’s 1951 one rupee note is available in two different forms. The violet-colored variant fetches above INR 1000 and the grey-green can go up to as much as INR 1500. Issued shortly after India gained independence, these notes are highly valued for their historical interest and scarcity.
Prices range from ₹1,000 to ₹1,500 depending on the state of the note.
6. One Rupee Note 1951 — HM Patel
HM Patel’s 1951 one rupee note comes in two primary prefix series: PQRSTUVWXYZ and ABCDEFG. While the former can fetch up to INR 1200, the latter can only reach up to INR 1000. The different prefixes have a definitive look for India’s numismatic landscape with an element of variety as well as the thrill in the collecting world.
The Price Range is between ₹ 1,000 and ₹1,200 as per the note’s conditions.
7. One Rupee Note 1949 — KRK Menon
igned by KRK Menon in 1949, this note is important as it was the first one rupee note issued in independent India. In UNC condition, this note’s grey-green color may fetch above INR 10,000. High on any serious collector’s priority list, a representation of India’s newly won independence and the establishment of its republican journey.
Price range : between ₹2,000 and ₹10,000. Depending on the condition of the note.
8. One Rupee Note 1950 — KG Ambegaonkar
The 1950 one rupee note bears the signature of KG Ambegaonkar, which is similar to other notes in design but unique in its own form. The very fact that this note sells in a market for as much as INR 2000 adds to its worth. Not just that, but it was issued after independence, and the early years of nation-building in India add to this note’s worth.
Price Range: ₹500 to ₹2,000 (As per Note Condition)
9. One Rupee Note 1957 — HM Patel
HM Patel signed this 1957 note, which is particularly precious if it contains any of those prefixes. While notes with the prefixes (LMNOPQRSTUVWXYZ) are quoted around INR 800, the same prefix (GHJKL) may go up to a whopping INR 1500. Each prefix on these notes adds a degree of fascination for the collector, which shows how the currency system in India post-independence has evolved.
The price range is between ₹800 and ₹1,500 according to the note’s condition.
10. One Rupee Note 1957 — LK Jha
The signature of LK Jha in 1957 on the one rupee note is one of the rarest and most precious currency notes. Its value can go as high as up to INR 5000 if it has a B inset and the Y prefix. The notes with C or D insets were worth much lesser, fetching about INR 300. With the combination of prefix and inset, this note is precious and in great demand as a numismatic gem.
Pricing range: ₹1,000 to ₹5,000 (depending upon the condition of the note)
Conclusion
A trip through India’s top ten most valued one-rupee notes is a historical exploration as well as a numismatic adventure. A story is told by each note, which captures the sociopolitical climate of its era, from colonial India to post-independence India and beyond. In addition to their monetary worth, collectors and aficionados respect these notes for the rich history they capture.
Most Expensive 1 Rupee Note in India
Rare One Rupee Notes’ Value
The prices
S. Bhoothalingam 1965 One Rupee Note ₹5,000 — ₹25,0001917 George V One Rupee Note ₹50,000 — ₹80,0001935 JW Kelly One Rupee Note ₹20,000 — ₹30,0001940 George VI One Rupee Note ₹20,000 — ₹50,000The 1951 KG Ambegaonkar One Rupee Note, worth ₹1,000 to ₹1,5001951 HM Patel One Rupee Note ₹1,000 — ₹1,2001949 KRK Menon One Rupee Note ₹2,000 — ₹10,0001950 KG Ambegaonkar One Rupee Note ₹500 — ₹2,0001957 HM Patel One Rupee Note ₹800 — ₹1,500LK Jha 1 Rupee Note 1957 ₹1,000 ₹5,000
FAQs
1. Why are some one rupee notes valued at 80,000 INR?
One rupee notes are valuable because collectors highly value them, especially those from uncommon years with unique serial numbers or printing faults. 1943 and 1967 notes, as well as some misprints, can sell for up to 80,000 Indian rupees.
2. Which one rupee notes are considered the most valuable?
1943, 1967, and other uncommon years’ one rupee notes are the most desirable and can fetch high sums, particularly those with misprints, odd serial numbers, or distinctive signatures.
3. How can I identify a rare one rupee note?
Limited issue years, unique serial numbers, or printing defects are common characteristics of rare one rupee notes. Particularly if they have unique characteristics, notes from the 1940s to the 1970s are valued.