Banknotes of King George V - Govt. of India | All One Rupee Issues

One Rupee Issues

Obverse

Reverse, n.g5.1 (AC McWaters, Sign, also perforated issues were printed)

Obverse

Reverse, n.g5.2(Sign. H. Denning) - Same as above

Obverse

Reverse, n.g5.3 (Sign. M.M.S. Gubbay) same as above

Obverse

Reverse, n.g5.4 (Sign. J.W. Kelly) Unperforated issue.

n.g5.5, (Booklet issue, Sign. J.W. Kelly)

Some Rarities of British Indian Paper Money

Banknotes of Private and Presidency Banks

The paper money issued by these private and presidency banks are extremely rare and very hard to find. Seldom one can evidence its availability in great auctions (Todywalla Auction, Oswal Auctions). The price ranges from INR 50,000 to INR 700,000. The notes depicted here are highlighted below with indexes, n-X.

Banknotes of Bank of Hindostan

The banknotes issued by the Bank of Hindostan is finest rarity in the collector’s arena. It is very rare and very hard to find. The one and only complete collections can be seen on with, Kishore Jhunjhunwalla and Rezwan Razack, the famous faces in the Indian Numismatics. The notes, n.1, n.2, n.3 are very rare and prices could vary between INR 100,000 to INR 800,000 depending on the condition.

n.1

n.2

n.3

Bank of Bengal

There are total of nine types in the Bank of Bengal issues. These notes were printed by Perkins Press and on hand moulded papers. The banknotes were printed to be known from the period, 1804-1857 (It is an estimated information not a fact). These banknotes are also extremely rare and are only available at auctions. Seldom on can find it on ebay with very high prices. The prices vary from, INR 50,000 to INR 700,000 depending on the condition. Some specimens are mentioned in, n.4, n.5, n.6, n.7, n.8 and n.9. Please see below link-
http://nilaishipm.blogspot.com/2010/08/indian-private-presidency-bank-notes.html .

The Commercial Bank

The Banknotes issued by Commercial Bank are extremely rare and good collection can be obtained from only two coolectors with vast knowledge (Kishore Jhunjhunwalla, Rezwan Razack). For specimen visit above link with number, n.10.

Bank of Bombay

The banknotes issued by Bank of Bombay is also a rare variety. These notes bear the statue images of John Malcom, Sir Elliphinstone, the Governors of Bombay at that time. For specimens visit the link provided in the post, with numbers, n.11 (Thanks to Rezwan Razack for this image), n.12, n.13, n.14. The prices vary between, INR 100,000 to INR 700,000.

The other varities shown on the link provided are very rare and very hard to find, prices are unique.

Acknowledgements

I am greatful to Mr. Rezwan Razack for his guidelines and knowledge and helping with the scan used. Mr. Kishore Jhunjhunwalla for his book.

My Meeting with the Chairman of IBNS-Indian Banknote Chapter - REZWAN RAZACK

It was about eight thirty am in the morning when Kishore Jhunjhunwalla (Godfather of Indian Paper Money Knowledge) called me on my mobile number. We had nice talk about my recent book on Indian Paper Money (Catalog of Indian Paper Money - 1770-1970). He was willing to have a copy of the book and also introduced Mr. Rezwan Razack (Chairman, IBNS-IBCC, Joint MD, Prestige Group), who contacted me earlier regarding his lost note accidently published in my book. On 24 Sept. 2010, the memorable date at which our meeting was fixed. I showed up to his legendary Falcon House office next to Safina Plaza (Prestige Group, Corporate Office). I was directed to wait in his lounge area before he called me in his cabin. He seemed to be lesser concerned about his lost note than numismatic activities.

He was very generous and showed a glimpse of his extraordinary collection of Indian Banknotes. He maintains an office with Museum value and Miss Rekha, who works as Curator of his collection, was just right. Some of his notes are extremely rare and are priceless. He has all issues of Bank of Hindostan and with a British five pounds note bearing the same Bank of Hindostan watermark. This banknote seemed to be of very rare variety. Following this list, he has all Bank of Bengal issues (All 10 types) to 1858. He has also portrayed the knowledge of Half notes in advent of valid proofs which are rare to find. These half notes are stocked to papers as  bonds and are called 'Indemnity Bonds'.
After paper money act of 1861, he has remarkable proofs which depict the issuance of prefixes in the notes. One can judge the forgeries in the light of his insightful articles and paper cuttings. He seemed to have accurate understanding of the paper money issued in India. When I asked about his look outs of these rarities, he said, I had been, many times abroad regarding research of the sources. He was kind enough to show his remarkable collection of RBI Burma issues with forgeries and oddities. In his collection he has King George V, 1000 Rupees note with Red overprint, “Legal Tender in Burma only”. This banknote is the rarest note of King Geroge V section of British Banknotes. Only one example is confirmed. He said, "There are  very few examples exist...", one is with him. He said, "I only collect a single piece of any type as a specimen for my records", and highlighted that, "TWO RUPEES AND ANNAS EIGHT note is my personal favourite."  He has all proofs on card of the early Indian paper money as it appears. I will learn a lot from his great research, because his collection gave me insight, which helped me to advance my collection. He had been collecting banknotes for more than 40 years, and he also revealed that he started collecting when he was a teenager and found some old notes in the safe of his house. Over years, apart from pursuing this hobby to the core, he has also proved his business to be the maverick real estate company in the country. His collection's worth is over 100 Crores Rupees. The most unique collection of Indian Paper Money available in the world. Most pleasing fact is that, it is in India. Further, he has planned to open a museum for researchers. I think this would provide the best blend of information about Indian Paper Money to the young collectors like me. Being Numismatist, I hope to improve the content of my book, under his expert guidance and blessings. I wish for his success. God Bless him.