Watch List notes:

Republic India, 50 Rupees, Singed By R N Malhotra, A Inset, S.No. 9BQ 426337, Error: unusual cutting error, popularly known as butterfly error, 35% extra paper of other note, margin area at left is visible with green ink spread, about extremely fine with graffiti on both sides, Very Rare.
(20000-25000)