1000 Rupees

Description India Princely States Hyderabad 1000 Rupees 1929-30 Pick S267 A rare note with excellent color and natural paper wave printed by Waterlow & Sons. Hyderabad was the largest and most populous of all of the princely states of India. When the British left the Indian subcontinent in 1947, they offered the Princely States the option of either joining Pakistan or India or staying independent. The leader of Hyderabad wanted to keep his country independent. However, India felt differently as they could not possibly have a hostile state within their borders. India decided to assimilate Hyderabad into the Indian Union, even if it was by force. Most of the other 565 princely states had already joined India or Pakistan voluntarily by this time. On September 13, 1948 "Operation Polo" (Hyderabad had 17 polo fields at the time) began as the Indian Army invaded their surrounded neighbor. Hostilities were over on September 17th when Hyderabad capitulated. We previously handled a PMG Choice Uncirculated 64 example in 2012, which realized just under $3,000. This sole highest graded note of its type is expected to realize much more. PMG Gem Uncirculated 66 EPQ. View Certification Details from PMG