100 Rupees

Description India Reserve Bank of India, Bombay 100 Rupees ND (1944) Pick 20c Jhunjhunwalla-Razack 4.7.3A-B Shifted Watermark Error PCGS Very Fine 25 . This rare variety features a front facing watermark, created around 1944. Normal circulation and spindle holes are seen on this handsome example. Notice that the watermark is off center, as the sheet must have been loaded or cut incorrectly, resulting in the askew alignment. As such, doubly rare.