Dear All,

I want to share some important information about the 1982 and 1995 one rupee notes

I do get a few calls every other day wherein people expect to sell their one rupee notes for a high value other then the actual market price because they see unbelievable prices listed on various sites like rice-puller.com and others wherein a single note printed in 1982 and/or 1995 is sold for lakhs of rupees

Firstly we all need to understand and agree that a note is considered valuable only if it is very rare and not just because it is very old…

Now as per the Reserve Bank of India, one rupee denomination notes were not printed in the years 1982 and 1995, hence they have a higher value

To understand this in a bit more detail….this means that if by error the Reserve Bank of India printed a few one rupee notes in 1982 and/or 1995 they become priceless.

The 1982 and 1995 one rupee notes should bear the following signatures of the Secretary, Ministry of Finance as per the table mentioned below:

Secretary, Min. of Finance Years K.G. Ambegaonkar 1950 – 1955 H.M. Patel 1955 – 1958 B.K. Nehru 1958 – 1959 A.K. Roy 1959 – 1960 L.K. Jha 1960 – 1964 S. Boothalingam 1964 – 1966 S. Jagannathan 1966 – 1968 I.G. Patel 1968 – 1972 M.G. Kaul 1972 – 1976 Manmohan Singh 1976 – 1980 R.N. Malhotra 1980 – 1982 M.Narasimham 1982 – 1983 P.K.Kaul 1983 – 1985 S.Venkitaramanan 1985 – 1989 G.K. Arora 1989 Bimal Jalan 1990 S.P.Shukla 1990 – 1991 M.S. Ahluwalia 1991 – 1998

Coming back to the 1995 and 1982 theory….As per the abovementioned list , if you observe closely,

The 1982 one rupee note must bear the signature of R.N. Malhotra or M.Narasimham ONLY

And

The 1995 one rupee note must bear the signature of Montek Singh Ahluwalia ONLY

So any 1982 or 1995 one rupee note does not bear the above-mentioned signature is most probably not what it is supposed to be!!!!

The other aspect of the One rupee notes is that …..all other notes printed between the years 1965 and 1994 have no or very little value.

We at true values computers and Antiques sell loose used notes for

Rupees 100/- per note 1983 - 1994 & Rupees 200/- per note 1965 - 1981.

So we need to save our energy,time and money and stop trying to sell one rupee notes printed between 1965 -1994 at very high prices(Except the 1964 one rupee note)

The other One rupee notes have some decent value as follows:

1935 - King George V – Antique value (Even a Single note is valuable) 1940 - King George VI – Antique value (Even a Single note is valuable) 1944 - King George VI – Antique value (Even a Single note is valuable) 1949 – Floral Design - Signed By K. R. K. Menon (This was the first note issued after Independence) (Even a Single note is valuable) 1950 – Floral Design - Signed By K. G. Ambegaonkar. (Single note is not really valuable, but a bundle of 100 nos. of notes in consecutive serial numbers and uncirculated condition is valuable)

For the information of people who are new to this field , Floral Design means that an image of a Flower is printed on the reverse side of the note in place of the Circle where normally the year is printed.

1951 (Single note is not really valuable, but a bundle of 100 nos. of notes in consecutive serial numbers and uncirculated condition is valuable)

1952 (Single note is not really valuable, but a bundle of 100 nos. of notes in consecutive serial numbers and uncirculated condition is valuable)

1953 (Single note is not really valuable, but a bundle of 100 nos. of notes in consecutive serial numbers and uncirculated condition is valuable)

1957 Signed By L.K. Jha having ‘B’ Inset (Even a Single note is valuable)

or

1957 Signed by A.K. Roy, B Inset, Z prefix , but the note should be ORANGE IN COLOUR (Even a Single note is valuable)

For the information of people who are new to this field, Talking about the orange 1957 one rupee note signed by A.K. Roy and having B Inset and Z prefix is actually the Persian Gulf Issue which was related to Holy reasons (Haj).

1964 Signed By S. Bhootalingam with B inset and A prefix (Even a Single note is valuable)…These days the 1964 note has become in demand because people have given up hope of finding a genuine 1982 or 1995 one rupee note and have started seeking solace in a 1964 one rupee note….

For the information of people who are new to this field, the large Alphabet is the Inset and the small Alphabet followed by two numbers is the Prefix.

Best of Luck for your search and if you have any queries regarding your currency, please send scanned copies of your paper money to my email id.

Please do not call to sell coins because for the time-being we have stopped purchasing coins, we are dealing in only INDIAN PAPER MONEY.

santoshyadav4234@yahoo.com santoshyadav@truevaluecomputers.com 9926-777-123 Best Regards, Santosh Yadav True Value Computers and Antiques.