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Marudhar Arts
Auction 30  10 Jul 2020
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Lot 408

Starting price: 100 000 INR
Price realized: 200 000 INR
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Hyderabad State, 100 Rupees, 1st Issued in 1918, Bahman Month, FE 1339/1929-30 AD, Signed by Hyder Nawaz Jung, Sign. 2, Printed in England, S. No. PY08021 "Currency Note Sarkar-e-Aali", promise text in three lines "YAKSAD RUPYE SICCA OSMANIA", Siyaq in top left at the reverse, all in Urdu, (KJ & RR # 7.10.3), pin and spindle holes, graded by PMG as 50 About Uncirculated, Extremely Rare.


 


Note: These beautiful, large format type of banknotes have become rare in recent years. The exceptional quality of this banknote indicates that it was in circulation for only short period of time. The original paper quality and colours are noted on this high denomination, indicating the maintenance of its authentic beauty. It was printed by Waterlow & Sons. These banknotes are very seldom offered in this grade.

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