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Paper Money Fair Signature Sale 4036  21-22 Apr 2022
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Lot 25161

Estimate: 4000 USD
Price realized: 13 000 USD
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World Currency
India Reserve Bank, Persian Gulf Issue 5 Rupees ND (1959-70) Pick R2 Jhunjhunwalla-Razack 6.12.2.1 PMG Superb Gem Unc 67 EPQ. At the time of cataloging, this banknote is tied with four others at the top of the PMG Population Report. The technical features are simply excellent, from pinpoint centering, wide margins, fresh colors, and totally uncirculated paper. This note is similar to that which was issued in India, except for the different color schemes. A rare type in any grade but especially desirable in this amazing grade. Sought after by Indian collectors, as well as Persian Gulf collectors, as this note was a precursor to the national currencies which began issuance in the 1960s. Staple holes at issue are mentioned for accuracy. https://currency.ha.com/itm/world-currency/india-reserve-bank-persian-gulf-issue-5-rupees-nd-1959-70-pick-r2-jhunjhunwalla-razack-61221-pmg-superb-gem/a/4036-25161.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4036-04212022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved

Estimate: 4000-6000 USD
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