2022-02-09 Wed

An undated, not adopted, color trial specimen of the 5-rupee note later issued in 1925 was a star of World Paper Money Auction on Jan. 13. The sale was held in Dallas but associated with the Florida United Numismatists show in Orlando a week earlier.

The banknote is denominated 5 Rupees and has King George V in an oval frame along with the promissory note and the denomination. The trial note sold for USD 43,200 in Heritage’s Jan. 13 world paper money auction.

It was graded About Uncirculated 50 by Paper Money Guaranty. The second highest price was for a Government of India, Bombay 10-rupee note of 7th July 1862.

Image Courtesy: coinworld.com