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Bank of Madras 3000 Rupees Specimen Note fetches 1,30,000 pounds at Spink Auctions London

  A Spectacular Auction Evening: Bank of Madras Specimens at Spink Auctions (London) 23 September 2025 Spink’s London “World Banknotes” auction (Auction 25009) drew keen interest from collectors and institutional bidders alike. Among the star lots were specimen banknotes of the Bank of Madras , one of the three Presidency Banks of British India, whose survival in specimen form is exceedingly rare. These notes—pattern designs not meant for general circulation—serve as prototypes, presentation pieces, or archives. Their extreme rarity, historical significance, and aesthetic appeal make them prized items in high-end numismatics. The auction of these notes sets a world record for presidency banknotes of India. The 3000 Rupees Specimen note of Bank of Madras has become the most expensive note sold ever out of all Indian banknotes in any auction worldwide.  The Bank of Madras Specimen Lots                          ...
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Mysterious Currency of Bank of Poyais

   One dollar, Bank of Poyais, Republic of Poyais (1820s). After fighting in South and Central America, the Scottish soldier  Gregor MacGregor  created an elaborate  scam  claiming to have been made a  Cacique  of the entirely fictitious Cazique of Poyais, all in an effort to defraud land investors. Nearly 200 died in 1822–23 in connection with MacGregor's deception.

Charles Ernest Jones signed one rupee notes?

 By Dr. Nilaish  It was a mystery to locate the signatory of 1940 dated but issued 1944 one rupee notes. These notes were signed by Sir Charles Ernest Jones (C.E. Jones) (1892 - 1953). He served in Ceylon Civil Service for a long time and then joined as Secretary to the Treasury.  Sir Charles Ernest Jones  Image Courtesy: Wikipedia.  Jones finished B.Sc. from University of London in 1913 and joined Ceylon Civil Service on 28 November 1914. He also became member of Asiatic Society in 1917. Gradually, he paved his path to join as Controller of Exchange, Imports and Exports. He replaced Harold James Huxham in 1942 as Finance Secretrary of Ceylon. He was also acting Financial Secretrary of India. However, we need some documentary evidence to establish his period?  My claim is based on the signature on Indian notes and Ceylon notes which is same. Take a look! It is probable that he signed Indian notes too? Still needs to be investigated. I believe that he also s...

British Indian Currency Notes in Indian films

By Nilaish  Film: Awara (1951) Currency Notes Shown: 1944 King George VI 100 Rupees, 10 Rupees, etc.  Film: Kanooru Heggadithi (1999) - Kannada  Currency Shown: King George VI 100 Rupees halves.  Film: Kanooru Heggadithi (1999) - Kannada  Currency Shown: King George V, 1925 - 10 Rupees, signed by H. Denning.  Film: Phillauri (2017)  Currency Shown: King George V 100 Rupees.  Film: Rang Rasiya (2008, 2014) Currency Shown: Uniface series Five Hundred and Five Rupees.  Film: Khelein Hum Jee Jaan Sey (2010)  Currency Shown: King George V 50 Rupees.  Film: Lingaa (2014) - Tamil.  Currency Shown: King George V Rupees 10, 50, 1000.  Film: Devdas (2002)  Currency Shown: King George V 1000 Rupees Film: Desh Premee (1982)  Currency Shown: RBI, ca. 1975 1000 Rupees.  Film: Rustom (2016)  Currency Shown: RBI, ca....

Timeline of Indian Paper Money

Compiled by Nilaish Mem. IBNS, L.M. (IBNS-IBCC) Early Paper of India: Presidency Banks Issues  (1800-1860)  ca. 1791 - General Bank of Bengal and Behar (Bihar) hand sketch of C.N. Cooke (Accountant of Bank of Bengal (1863). Promissory Note Contemplation. 1806 - Bank of Calcutta was formed in Bengal Presidency. It may have issued notes but essays were made recorded by Symes (1904). No information beyond this is known. 1810 - Bank of Bengal (1809) designed promissory notes, earliest recorded date is 1812. These notes were uniface series (1812-1822). The last date recorded of this type is 1819. Gold Mohur notes were issued in Aug. 1816. One gold mohur = 16 sicca Rupees. 1823-56 - Bank of Bengal issued promissory notes with vignette of personified maiden sitting by the quay with articles of merchandise called, 'COMMERCE SERIES'. There are some varieties in the types. [Image Courtesy: Todywalla]. The notes were denominated in 'Sicca Rupees' and late...

Portrait Notes of King George V issued by Indian Government back in 1917 onwards

By Nilaish "This was the beginning of pictorial notes in the right sense, notes became dramatically beautiful!" Currency Note Press at Nashik was inaugrated on 14 April 1928 and soon it started printing currency notes of India. Still some notes were printed by Bank of England Press as earlier they were printed there. The King George V was depicted in royal robes on the obverse of the notes having denomination Re. 1(1917,  dated 1935 issued on 1940), Rs. 2/8 (1918-1927), Rs, 5 (1925, 1933), Rs. 10 (1923, 1925, 1933), Rs. 50 (1930), Rs. 100 (1927), Rs. 1000 (1931), Rs. 10,000 (1931). ONE RUPEE  1917 Issue, there are 3 signature varieties  One Rupee dated 1935, Issued in 1940, there are four varieties pertaining to design, watermark, paper, serial number pattern.  TWO RUPEES AND EIGHT ANNAS  Issued in 1918 and withdrawn in 1927. This denomination was equivalent to a dollar of that time.  FIVE RUPEES  Five Rupee...

Top Ten Rare Banknotes of India

By Nilaish "Paper money is fragile and when used a lot, loses it's life but collecting them is even a great challenge!"  It is known from various catalouges [1] and [2] that, Indian paper money originated in 19th Century from Bengal Presidency. Bank of Hindostan and Bank of Bengal were the earliest banks in the presidency who issued paper money. The earliest year of issue of Bank of Bengal is 1812. However, notes were issued since 1770 but there is no evidence to support these claims. Indian paper money is divided into roughly four periods, a) East India Company Period (1800-1860), b) British Government of India Issues (1861-1936), c) Reserve Bank of India British Issues (1937-1947) and d) Republic India RBI Issues (1949- ). In the following list, I will pick up some of my personal favourites which are exceedingly rare currency notes of India. The price is not the guiding factor solely for this ranking. One may reshuffle and consider them ... as you wish....funn...