What makes our country so unique is its vibrant culture and rich history. People from different parts of the world come down to India for decoding this mystery. It is amazing how we have imbibed so many traditions over a period of time and are still living in harmony. There are different ways in which we can get closer to our past and heritage. One of the ways is by collecting Indian notes. Even though paper money was invented at a very later stage, there are innumerable stories that that these old notes of India narrate. The study of banknotes is termed as notaphily and those who indulge in this study are known as notaphilists. There is a big community of notaphilists, made of passionate collectors of currency notes in India. Right from East India Company, to the latest 2000 rupees and 500 rupees, the journey has been absolutely fascinating. It is only when you closely understand these aspects that you will be introduced to some unknown facts of Indian history. The varied motifs and designs appearing on these currency notes of India take you back to the times when they were actually introduced. Only a collector will understand the joy of holding rare notes of India in their hands. It is truly a different feeling altogether. So someone who is looking for basic information about Indian notes will firstly try finding it on generic websites. The problem with these websites is that they don't present information in a complete manner. Mintage World is one of the very few online portals which not only offers complete information about Indian currency but also classifies them based on various parameters. Visitors can make use of these filers to find exactly what they are looking for. This reduces the time required for researching about specific currency. The website also offers detailed information about obverse/ reverse descriptions along with high resolution images. People tend to forget that acquiring knowledge is much more important than acquiring Indian currency for your collection. Notes of India can be classified into five categories broadly. Early India banknotes, British India banknotes, Princely state currency, colonial banknotes and republic India currency. Though old currency of India like early banknotes and British India currency are difficult to collect, you can start with republic India currency with special serial numbers. Based on rarity and condition, the market value of Indian notes is determined. That's the reason why you must invest in good quality note collecting accessories to ensure that your precious currency of India do not come in contact with any kind of moisture or dust. Even currency which are slightly folded or torn can fetch you a far lesser amount than its original market value. Early India banknotes are further classified as those issued by Bank of Madras, Bank of Bombay and Bank of Calcutta. Did you know that many of this old currency of India featured a uniface design. Designs were printed only on one side and the other side was left blank. Many of these rare currency of India have been auctioned world over for impressive amounts. British India currency can be further classified as portrait notes of Queen Victoria, uniface notes of Government of India, King George V notes and King George VI notes. Victoria portrait uniface notes were printed on handmade paper at Livestock Paper Mills. They included security features like the watermark, 'GOVERNMENT OF INDIA', 'RUPEES', two signatures and wavy lines, the printed signature and the registration of the currency. You are truly lucky if you have one of these rare notes of India in your collection. Uinface under-printed currency was released in 1867 to combat the issue of counterfeiting. A new denomination of five rupees was also introduced at the same time as per public demand. When it comes to Princely state issues, Osmania Notes of Hyderabad come into the picture. Designs on these old notes of India were extremely artistic. As a collector, you would surely dream of owning one of these beauties in your collection. Colonial issues like Indo-Portuguese and Indo-French are also fascinating. The Indo-Portuguese notes also come in denominations like 30, 60, 300, 600 and 1000 escudos. Indo-French issues came in denominations like 1, 5, 10, 50. Look out for these rare notes of India and add value to your precious collection. Finally, Republic India notes can be further classified into Government of India notes. Reserve Bank of India notes, Persian Gulf notes and Hajj Pilgrim currency. Apart from rarity, you can also look for currency with unique serial numbers. In-fact there is a separate set of collectors who are interested in only collecting these notes of India with fancy serial numbers. So, now that you have a fair idea about notes of India, choose your favourite and start collecting as soon as possible! Learn about the broad classification of Indian notes and find out some interesting aspects of each one of them. Before your start collecting Indian Currency Notes, start learning about history of Old Notes of India!
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AuthorPassionate collector of coins, banknotes & stamps who loves researching about ancient, medieval & modern Indian history! Archives
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