100 Rupees

Republic India , 1959, 100 Rupees, Persian Gulf Issue, Signed by H. V. R. Iyengar, Z Prefix, S. No. Z4 775377, (KJ & RR # 6.12.4.1), pin holes at issue, graded by PMG as 35 Choice Very Fine, Extremely Rare. Note: This banknote is of the highest denomination in the Persian Gulf series. It is a well-preserved example with strong paper quality and no signs of stains or graffiti are noted. The staple holes are located in the border design and difficult to detect. As per the cataloguer, this has been conservatively graded by PMG. The Z prefix on this note identifies it as a "Persian Gulf Note" which the Reserve Bank of India circulated in Bahrain, Muscat & Oman, Kuwait, Qatar, and the United Arab Emirates.