One Rupee Note Can Get You Upto Rs 7 Lakh | Here’s How

Collectors of old currency tes and coins are witnessing a surge in demand, with some items fetching hefty sums in online auctions. Many platforms have become hotspots for buyers and sellers of rare tes and coins, some of which are commanding prices in lakhs.

One standout example is Re 1 te, which has recently been sold for up to Rs 7 lakh at online auctions. While this may seem surprising, high price is attributed to historical significance of se tes. Government of India stopped printing Re 1 tes 29 years ago, and although y were reintroduced in 2015 under Narendra Modi government, certain pre-Independence editions are highly valued by collectors.

A rare 1935 Re 1 te from British India, signed by Goverr JW Kelly, stands as a prime example of such valuable currency. This almost 80-year-old te, due to its rarity and historical importance, can reportedly fetch as much as Rs 7 lakh.

For collectors looking to sell, online platforms like Coin Bazaar and Quikr offer convenient avenues to auction or sell ir prized possessions. However, it's important to te that Reserve Bank of India ( RBI ) does t officially permit buying or selling of old currency tes and coins, meaning se transactions occur in a grey area of law.

As demand for old currency continues to rise, those with rare tes and coins could find mselves in a position to profit significantly, should y choose to part with ir collections.