Hyderabad was the only state in India that issued Princely State Notes. These notes are known for their intriguing designs and mesmerising calligraphy. Today, we will take a look at two different varieties of 10 rupees notes of Hyderabad in detail. 10 Rupees Note of Hyderabad With Signature of Fakhr-Yar Jung These amazing princely state currency notes bore the denomination 10 Rupees and were printed on machine-made paper. They featured the signature of Fakhr-Yar Jung and they are found in prefixes ranging from CO to CZ, DA to DZ and EA to EE. The very first note of this particular series featured the prefix and serial number CO 25001. The language panel of these princely state notes were always in Urdu. The obverse side depicts the text Currency Note Sarkar-e-Ali' in Urdu which means Government Currency Note. The serial number is printed twice on both sides. Other elements such as the Coat of Arms, watermark window, Promise text in three lines with denomination "DUS RUPYE SICCA OSMANIA", denomination in words in Marathi, Telugu, O.S. Rs. TEN and Kannada, DUS RUPYE in Urdu, “For the Government” in Urdu, Signature, denomination in numerals in Persian, Telugu, Marathi, Kannada and English in a panel on two sides are also included. The reverse side depicts the Numeral Siyaq I, 10, numeral in Telugu, Kannada and Marathi. The watermark consists of the figure 10 in English & Urdu in top right corner. It is interesting to note that specimen notes of this type are printed on paper without any watermark.
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Economy and day-to-day transactions in India was completely dependent on coinage until the 18th century. The Mughals started trading with private European countries who later established their own banks in India. The very first Indian bank notes were issued by the Bank of Hindostan which was established in 1770 in Calcutta. Very soon, other semi-government and private banks started producing old banknotes of India. In the initial years, they featured only texts without any vignettes or designs. Hyderabad was the only princely state to issue banknotes independently in the Indian Subcontinent. These Princely State Notes featured colourful designs and were issued in various denominations. Let’s take a look at some examples today.
If you like collecting Indian banknotes then you have a variety of exciting options to look for. From early banknotes of India issued by Private Banks like the Bank of Hindostan (1770-1832) to the latest colourful banknotes of India issued in the last few years, there is a lot to explore as a notaphilist or collector. Most of the old currency banknotes that were issued by the East India Company for the three presidencies namely, Bengal Presidency, Bombay Presidency and Madras Presidency featured designs only on one side. These old banknotes of India were also known as uniface notes. They were generally printed on hand-made white paper.
The history of British India currency notes has always been a fascinating subject for banknote collectors and notaphilists around the world. Let’s take a look at two types of 10 rupees British India Notes that belonged to two different categories today.
There is a big community of collectors in various countries who are interested in collecting world banknotes. Some like collecting them because they are curious to know about the history, culture and traditions of a particular country, while there are many others who collect rare world banknotes as an investment. The market value of these unique and interesting Banknotes of the World can increase within a few years depending on the demand, rarity and condition. Many of them are even sold by auction houses around the globe for a very high value. There is another group of collectors who look for banknotes from around the world that feature interesting serial numbers on them. |
AuthorPassionate collector of coins, banknotes & stamps who loves researching about ancient, medieval & modern Indian history! Archives
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