Many people enjoy collecting old notes. If you are one of them, you can earn up to ₹7 lakh. Some buyers are willing to pay high prices for rare notes and coins, and such items are often auctioned online.
The note we are talking about is from the British era. It features the signature of the then Governor, J W. Issued in 1935, this note is around 90 years old. You can sell this note on online platforms like Coin Bazaar and Quikr. Its rarity and historical value make it worth up to Rs 7 lakh. However, it’s important to note that the RBI does not officially allow the purchase and sale of old notes and coins.
Why is the 1 Rupee Note so Valuable?
The 1 rupee note is highly valued because its printing was stopped nearly 29 years ago, making it rare. Although printing resumed in 2015, older notes, especially those from before India’s independence, continue to attract high prices. These notes are particularly in demand among currency collectors.
About the 1 Rupee Note
The 1 rupee note was first introduced in India in 1917. It featured a picture of the then Emperor of India, George V. Its printing was stopped in 1926, but resumed in 1940. The note was once again discontinued in 1994, with printing only resuming in 2015. Interestingly, the 1 rupee note has “Bharat Sarkar” written on it, instead of “Reserve Bank of India,” because it was issued before the Reserve Bank was established in 1935.
How to Sell Old Coins on OLX
- Visit the OLX website.
- Register yourself as a seller on the site.
- Take clear photographs of both sides of the coin and upload them on OLX.
- Provide your contact details so interested buyers can reach out to you.
When someone shows interest in buying your coins, they can easily contact you through the provided details.
Disclaimer: This is general information based on details available on the internet. Please verify all details before making any transactions. Timesbull.com is not responsible for any losses.