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Showing posts from October, 2016

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...

Gems of my collection

"I started collecting stamps, coins and notes since 1995 and yet not grown out of that boyhood passion".  -Nilaish  Introduction:  I started collecting first postage stamps of different countries from my friends and relatives. I kept hinging stamps in my red album since that time...and also today I am filling gaps in the album. I used to look for used envelopes from foreign countries. I found this addiction rather interesting and very compelling. Slowly I learned that it is more interesting to collect stamps by theme or by a country! I collected stamps of India (1911-1985), Commonwealth Stamps (& 200 Countries) (1840-1945) and Service Stamps of India (1911-1985). It took me 20 years to reach to this level and If I want to count them then it is a nightmare! When I was 12 years old my mother showed me some old silver coins preserved in our family. These one rupee coins were of British India. I first saw images of Queen Victoria, King Edward VII, King George V, K...