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London Coins Ltd
Auction 166  31 Aug - 1 Sep 2019
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Lot 278

Starting price: 100 GBP
Price realized: 90 GBP
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India Government of India 1 Rupee Pick 14a 1935 serial number 10A 989490 watermark King George V portrait signature J.W. Kelly titled Controller of the Currency. Green-blue obverse featuring Coin depicting King George V at right and reverse with the serial number and a design featuring the Royal Cypher with a crown and 1 rupee coin dated 1935. This note printed in England and this issue could not be introduced at the time due to the death King George V in January 1936 and it was only accepted to circulate these notes at par with the metallic silver rupee folowing the outbreak of the Second World War and the ensuing commodity scarcity around Silver i.e. this being a unique issuing where notes were released after the death of a monarch and also the only note to feature the serial number on the reverse. VF with a usual spindle hole

Estimate: 100-150 GBP
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