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Marudhar Arts
Auction 38  25 Feb 2023
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Lot 503

Starting price: 70 000 INR
Price realized: 100 000 INR
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British India, 1917, King George V, 1 Rupee, Universalised Circle, Signed by M.M.S. Gubbay, H Prefix, S. No. H25 937536, (KJ & RR # 3.1.1B), Correct Gujarati, stains, graded by PMG as 64 Choice Uncirculated, Extremely Rare.

Note: This first banknote in the King George V portrait series was issued 106 years ago. It was issued as the Universalized banknote that can be used in any circle of British India. This brilliant piece has managed to survive with its original colour and the crisp quality of the paper.
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