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FUN Signature Currency Sale 4035  13 Jan 2022
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Lot 28212

Estimate: 32 000 USD
Price realized: 32 000 USD
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World Currency
India Reserve Bank of India 10 Rupees ND (1959) Pick R5s Jhunjhunwalla-Razack 6.13.1.1 Haj Pilgrim Specimen PMG Choice About Unc 58 EPQ. In the late 1950s, The Reserve Bank of India made the decision to print 10 and 100 Rupees banknotes specifically for Muslims making the pilgrimage to Saudi Arabia. These blue and red notes were not legal tender in India, and were intended to enforce exchange control. On issued notes, the prefix "HA" is the only one used for both the 10 and 100 Rupees. This handsome Specimen was created for the 10 Rupees, and features all design elements of the fully issued note, as well as a red Specimen overprint. Notice that this note was issued only through Bombay, and features two "HAJ" indicators near the the top margin. At the time of cataloging, this Specimen is the single finest of only three examples graded in the PMG Population Report. Of the highest degree of rarity and a historically important type that spans India and the Muslim world. The first Specimen of this type we have offered. https://currency.ha.com/itm/world-currency/india-reserve-bank-of-india-10-rupees-nd-1959-pick-r5s-jhunjhunwalla-razack-61311-haj-pilgrim-specimen-pmg-ch/a/4035-28212.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4035-01062022 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved

Estimate: 32000-48000 USD
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