Many people enjoy to pursue Notaphily which is a term given to the study of banknotes or paper currency. Indian Bank notes has a very rich history which were issued jot just from the British India times. Some of the oldest Indian bank notes were issued by different presidencies like the bank of Bengal, bank of Madras and Bank of Bombay. Several other private banks have also issued Indian bank notes.
Different collectors have different areas of interests. When it comes to Indian bank notes, some like collecting presidency issues and others like collecting republic India notes. Banknotes all over the world are generally issued by the Central banks and bear signatures of the Governor or any other authority.
This one will be one of my most loved Indian banknotes which were marked by Sir James Braid Taylor (1891 – 1943) who was the second Governor of the Reserve Bank of India, holding office from 1 July 1937 until his passing on 17 February 1943. He succeeded Sir Osborne Smith who was the Governor from 1 April 1935 to 30 June 1937.
He was the second Governor; his signature was the first to show up on the Indian currency notes of the Indian rupee. His second term came to an end when he passed on in office on 17 February 1943. He was succeeded by Sir C. D. Deshmukh who became the first Indian to lead the Reserve Bank of India.
This note has more than two unique sorts of issues. In any case, authorities generally are occupied with CALCUTTA and BOMBAY issues.
This note is extremely rare and can fetch you around 50 lakh as well. Always be careful about forgeries as there are many people in the market who would try to sell fake notes to get a good amount.