This Indian note of 100 rupees sold for 56 lakhs, going viral on social media

Indian Note Auction: The Indian (*56*) 100 note was within the headlines in a novel public sale held lately in London. This note is turning into more and more viral on social media, during which it’s being claimed that the note was sold at an enormous value of (*56*) 56,49,650. According to the declare, this was not an extraordinary note however a ‘Haj note’ issued by the Reserve Bank of India (RBI) within the Fifties. Its serial quantity was HA 078400. This note was issued particularly for pilgrims touring to Gulf international locations for Haj pilgrimage. It is alleged that it was launched with the intention of stopping unlawful buying of gold.

Haj note was recognized by the distinctive prefix ‘HA’, which made it completely different from different notes. These notes had been completely different in colour from the usual notes of Indian foreign money. The particular factor was that these notes weren’t legitimate in India, however might be utilized in Gulf international locations like United Arab Emirates, Qatar, Bahrain, Kuwait and Oman. These notes went out of circulation within the Seventies after Kuwait issued its personal foreign money in 1961 and different Gulf international locations additionally did so.

What is the specialty of this note?

Today, these Hajj notes are thought-about uncommon and are in big demand amongst foreign money collectors. It is alleged that their worth relies upon on their situation and rarity. Due to this historic significance, these notes are thought-about essential not solely from the monetary level of view but additionally from the cultural and historic level of view.

Rare (*56*) 10 note sold for (*56*) 6.90 lakh

Two uncommon notes of (*56*) 10 had been additionally sold on this public sale, one of which was priced at (*56*) 6.90 lakh and the opposite at (*56*) 5.80 lakh. These notes had been issued on May 25, 1918 and relate to the final years of the First World War. Their historic significance consists of their reference to the British ship SS Shirala. These notes belonging to the wreck of the ship, which was sunk in a torpedo assault by a German U-boat on July 2, 1918, attracted the eye of these enthusiastic about historical past on the public sale.

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