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Part of: 1 Rupees — Government of India (3.2.1A)

1 Rupees

3.2.1A

PMG65EPQSerial F74 729749
1 Rupees

This example

Grade
PMG65EPQ
Serial
F74 729749
Realised
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Estimate
50,000-70,000
Sold
Marudhar Arts
Denomination1 Rupees
ReferencesJ&R 3.2.1A
IssuerGovernment of India
SignatoryJ. W. Kelly
PrinterIndia Security Press, Nasik
Watermarkstar
Description

British India, 1935, King George V, 1 Rupee (2), Two Banknotes with Matching Prefix Pair, Signed by J.W. Kelly, F Prefix, S. No. F74 729749 & 704652, (KJ & RR # 3.2.1A), exceptional paper quality, spindle holes & staple holes at issue, graded by PMG as 65 Gem Uncirculated EPQ & 64 Choice Uncirculated, Exceptionally Rare. Note: These 1935 One Rupee banknotes were initially issued in booklets of 25, and sometimes independently without the booklet. The booklet-issued notes had two variants: the thread-sewn type and the staple issue type. This pair of twin banknotes shares the same sub-prefix F74 but originates from two different booklet issues, one with the fully thread-sewn type and the other with the staple issue type. Finding both types within the same sub-prefix is a new discovery in the history of One Rupee series of 1935. It's noteworthy that the booklets were bundled differently—one with a thread type and the other with a pin type issue. This pairing could indicate a change in the issue type, making it a highly unusual occurrence. A remarkable and unique opportunity for collectors, never offered or seen before. This exceptional find, combined in a single PMG slab, represents a top-notch rarity. Both of these notes have received the Uncirculated grades of 64 and 65 from PMG with special mention of exceptional paper quality(EPQ), which adds to its rarity.

Auction record

House
Marudhar Arts
Auction
Auction 43
Lot
624