Shop Indian Banknotes

British India KGV 1 Rupee 1917 Madras Circle
$820.00
Banknote Specifications:
Issuer: British India – Government of India
Denomination: 1 Rupee
Issue: November 1917
Printer: De La Rue (Thomas de la Rue)
Signature: M.M.S. Gubbay
Watermark: Enclosed star in box
Condition: PMG Graded About Uncirculated 53
Catalog References:
Pick Number: P1g
Banknote Book: B135a7
Indian Paper Money: 3.1.1A
Key Highlights:
PMG Graded Banknote – Certified PMG About Uncirculated 53
Madras Issuing Circle – Identified by the M/9 prefix, a significant regional issuance
First Print – Incorrect Gujarati – Features an early printing error in the Gujarati script
First British India Banknote Series with King George V Portrait – A landmark issue in India's numismatic history
One Rupee Coin Dated 1917 on Reverse – A unique design feature displaying a 1917-dated coin on the back
Rare Historical Piece – This M/9 Prefix note was Sea Sunk causing stains and making surviving pieces highly collectible
Withdrawn from circulation in 1926 - a very short lived series
Collecting Indian Banknotes
Every Indian banknote tells a story — of the colonial era, the struggle for independence, political transitions, and cultural continuity. From the early issues under British India and the princely states to the establishment of the post-independence Republic, Indian paper money offers a rich and layered narrative of the subcontinent’s evolution. These notes reflect changes in governance, language, iconography, and regional identity, making them a rewarding area of study and collection.
At India Banknotes, we offer a carefully curated selection of historic Indian currency for collectors worldwide. Whether you're drawn to the artistic detail of the King George V and King George VI portrait series, or fascinated by region-specific issues like Burma, Pakistan overprints, and Persian Gulf Rupees, our collection covers a diverse and significant span of Indian numismatic history.
Our mission is to help collectors build meaningful collections rooted in authenticity, historical accuracy, educational value, and long-term investment potential. Indian banknotes offer not only cultural and historical insight but also the opportunity to hold tangible assets that appreciate in rarity and value over time. Explore the currency of India — and the many stories it holds.
भारतीय कागज़ी मुद्रा का ऐतिहासिक महत्व
भारत की कागज़ी मुद्रा (Indian paper money) केवल एक भुगतान का साधन नहीं, बल्कि हमारे इतिहास, संस्कृति और शासन प्रणाली का जीवंत दस्तावेज़ है। ब्रिटिश इंडिया के समय से लेकर स्वतंत्र भारत के आरंभिक वर्षों तक, हर पुराना भारतीय नोट (old Indian banknote) एक अनोखी कहानी कहता है।
चाहे वह किंग जॉर्ज पंचम या किंग जॉर्ज षष्ठम की तस्वीर वाला नोट हो, या स्वतंत्र भारत के शुरुआती दौर में जारी अशोक स्तंभ वाला नोट — ये सभी बैंकनोट संग्रहकर्ताओं के लिए ऐतिहासिक और सांस्कृतिक दृष्टिकोण से अमूल्य हैं।
यदि आप बैंकनोट संग्रह (banknote collecting) में रुचि रखते हैं या Indian currency history को समझना चाहते हैं, तो हमारा संग्रह प्रामाणिक और विविध प्रकार की मुद्राओं से समृद्ध है। India Banknotes पर हम ऐसे नोट प्रदान करते हैं जो न केवल संग्रह योग्य हैं, बल्कि समय के साथ मूल्य में वृद्धि की संभावना भी रखते हैं।
