India 1940 P-25b PMG About UNC 55 1 Rupee
Red S/N. A very challenging variety, seldom offered for sale in better grades. This is a pleasing, lightly circulated example of this popular type that was issued early on in World War II as a result of a coin shortage. Printed in fairly large quantities, these were heavily used, and few were put aside in lightly circulated condition. PMG mentions "Spindle holes at issue".