1000 Rupees

Hyderabad State , 1000 Rupees, Tir Month, FE 1341/1931-32 AD, Signed by Hyder Nawaz Jung , Sign. 2, S. No. AA84294, " Currency Note Sarkar-e-Aali" , promise text in three lines "EK HAZAAR RUPYE SICCA OSMANIA" in words in the center, Siyaq in top left at the reverse, all in Urdu, (KJ & RR # 7.12.1), spindle and pin holes, great paper quality, crisp, minor fold visible, graded by PMG as 55 About Uncirculated, Extremely Rare. Note: This grand-sized banknote, in superb quality, is among the most admirable specimens we have handled. It showcases vibrant colors with a pleasing eye appeal. Printed by Water-low & Sons in London for India's largest and richest princely state, Hyderabad, which was permitted to issue its own currency until India's independence and reunification, these high-grade banknotes are extremely popular worldwide and are becoming increasingly rare. A true rarity, this specimen is one of the few issued by the bank that went directly into private treasuries, never entering circulation.