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 ...
Nilaish Banknotes World Blog is a collection of facts on rare world and Indian banknotes.