India Banknotes - India Paper Money – India Currency
The Rupee 1 King George VI Portrait note was first issued in 1944 and was in circulation till it was withdrawn on 27th October 1957.
It was for the first time that an inset and in this case “A” was used in an Indian Bank Note. The series commenced with Prefix ‘A 0’ and the ended with ‘Z 99’ with the exclusion of Prefix ‘I’ & ‘O’. The notes issued in this series had serial numbers in black.
PREFIX ‘A’ BLACK SERIAL NUMBER – FIRST SERIES
PREFIX ‘Z’ BLACK SERIAL NUMBER – FIRST SERIES
PREFIX ‘A’ GREEN SERIAL NUMBER INSET ‘A’
PREFIX ‘W’ GREEN SERIAL NUMBER INSET ‘A’
However, there were complaints by the users that the Green Serial Numbers were fading. Hence, there was a split in Prefix ‘W’, where the Serial Number changed from Green to Black. The exact split in Prefix from Green to Black is to be determined. However, you will find Prefix ‘W’ with Serial Number in Black upto ‘W 99’ as the whole ‘W’ series was issued. There were no further issues of Rupee 1 beyond Prefix ‘W’, by which time Indian had got its Independence.
However, there is also King George VI Portrait Note of Rupee 1 that has serial numbers in Red. The reason for the serial number in Red was because it was issued after 15th August 1947. The note with Serial Number in Red had a single Prefix ‘D’ only.
PREFIX ‘D’ RED SERIAL NUMBER
All notes issued by Govt. of India and the Reserve Bank upto 1947 were tenable currency till they were demonetized or withdrawn from circulation on 27th October 1957.
Any idea why the inset "A" was used on the later seies of this one rupee note?
ReplyDeleteAnd what exactly this inset stands for(for that time period)?
any idea hw muc is it's value as of now?????
ReplyDeleteDear Sir
ReplyDeleteI have several of these notes that are in different colors. I could send you photo scans of them, front and back on request through my email address: indostocks'at'gmail.com