Nilaish Paper Money Collection

Nilaish Paper Money Collection

Sunday, August 11, 2013

A five rupees torn banknote of Commercial Bank of India ca. 1845 was sold for US$5000!

Commercial Bank of India, ca. 1845, 5 Rupees, unissued banknote into two halves 
Image Curtsey: Archives International Auction (USA) 

The above 5 Rupees banknote of Commercial Bank of India torn into two halves was sold by Archives International Auction (USA) for US$ 5000! This banknote was sold on 4th June 2004 through online auction. There are only two denominations known of this banknotes, one is 5 Rupees and 10 Rupees (Razack et al. 2012). These notes were printed by Batho & Bingley, Lombard St., London. It appears that a very few banknotes have survived, out of which two to three banknotes are noticed so far. A very rare Indian banknote indeed!

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