Nilaish Banknotes World

Nilaish - Collector & Numismatist IBNS grading is a Banknote grading norm and is accepted by most of the collectors and dealers around the world. If we observe IBNS grading standard for Indian Paper Money it faces following problems: 1. Banknotes prior to 1860 are mostly cancelled and cut by the bank, which is a big issue for grading. Collectors thus have no information about its grading. 2.After 1861 Government of India notes were stamped, cut portions to index the notes, which makes the grading of these notes unworthy in terms of IBNS.  3. British India notes till 1948 were stapled or stitched which degrades the note as it is almost impossible to obtain examples higher than these grades. 4. Republic India notes were stapled till 2005 or later which again makes grading principle amendable. Definitions:  As per notes which have survived we grade notes in following classes which are mostly acknowledged in all private collections. Good:  A well worn ...

by Nilaish - Life Mem. IBNS-IBCC Uniface series notes of India fall in circulation between 1861 and 1927. All known signatures are shown on notes below with period of issue. My acknowledgements to Rezwan Razack for images. 10 Rupees dated 9 May 1862  Major H. Hydes  Signature seen between 1861-62 (Image Courtesy: Rezwan Razack)  10 Rupees dated 8 June 1863  J.A. Ballard  Signature seen between 1863-64 (Image Courtesy: SPINK)  20 Rupees dated 15 May 1862  C.W. Clerdin and H. Hydes  Signatures seen on a note  20 Rupees dated 10 June 1864  S.K. Lambert and J.A. Ballard  signatures seen on a note.  Image Courtesy: Rezwan Razack  100 Rupees dated 5 May 1864 G.W. Cline and H. Hydes  Only note seen  Image Courtesy: RBI  Green Underprint Notes 10 Rupees dated 6 Oct. 1866  H. Hydes  Only note seen  Image Courtesy: Rezwan Razac...