Heritage World Coin Auctions
Paper Money Fair Signature Sale 4036 21-22 Apr 2022
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India Reserve Bank, Persian Gulf Issue 100 Rupees ND (1959-70) Pick R4 Jhunjhunwalla-Razack 6.12.4.1 PMG Choice Extremely Fine 45. For a period of time not extending much further than a decade, this was the highest denomination banknote to circulate in Bahrain, Kuwait, Muscat, Oman, Qatar, and the United Arab Emirates. Similar to Bank of India 100 Rupees of the era, but printed in green and with prefix Z. We have not offered this denomination since 2017, and it is not generally seen, especially in this excellent and lightly circulated grade. This exact banknote is the plate note for the type in the India chapter of Owen Linzmayer's The Banknote Book. Desirable, iconic, and a very rare type. Staple holes at issue are mentioned for accuracy. https://currency.ha.com/itm/world-currency/india-reserve-bank-persian-gulf-issue-100-rupees-nd-1959-70-pick-r4-jhunjhunwalla-razack-61241-pmg-choice-ex/a/4036-25163.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4036-04212022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 4800-7200 USD
India Reserve Bank, Persian Gulf Issue 100 Rupees ND (1959-70) Pick R4 Jhunjhunwalla-Razack 6.12.4.1 PMG Choice Extremely Fine 45. For a period of time not extending much further than a decade, this was the highest denomination banknote to circulate in Bahrain, Kuwait, Muscat, Oman, Qatar, and the United Arab Emirates. Similar to Bank of India 100 Rupees of the era, but printed in green and with prefix Z. We have not offered this denomination since 2017, and it is not generally seen, especially in this excellent and lightly circulated grade. This exact banknote is the plate note for the type in the India chapter of Owen Linzmayer's The Banknote Book. Desirable, iconic, and a very rare type. Staple holes at issue are mentioned for accuracy. https://currency.ha.com/itm/world-currency/india-reserve-bank-persian-gulf-issue-100-rupees-nd-1959-70-pick-r4-jhunjhunwalla-razack-61241-pmg-choice-ex/a/4036-25163.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4036-04212022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 4800-7200 USD