1 Rupee Gulf

Features

Issuer India
Period Republic (1950-date)
Type Standard banknote
Years 1959-1970
Value 1 Rupee (1 INR)
Currency Rupee (decimalized, 1957-date)
Composition Paper
Shape Rectangular
Demonetized 1970
Number
N#
220001
References P# R1
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Paper Money. Modern issues 1961-present (25th edition). Krause Publications, Iola, Wisconsin, United States.
And 2 more volumes.

Series: Persian Gulf and Haj Piligrim

Obverse

Lion capital of Asoka column at top right.
Watermark window at left.
Red based.

Lettering:
GOVERNMENT OF INDIA
ONE RUPEE

Reverse

1 Indian Rupee coin face at top left.
Language panel at center.
Watermark window at right.
Red based.

Comments

In 1957, India imposed strict foreign exchange controls. It became very important for the Reserve Bank of India to know and control the flow of Indian rupees being used outside India.A separate series of Indian banknotes was released for exclusive use in the Persian Gulf countries. In 1959 new notes were released into circulation (Rp. 1, 5, 10 & 100). The design of these notes was the same as the circulating Indian banknotes, but prefix letter "Z" was used and the colors changed.

See also

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Date VG F VF XF AU UNC
ND (1959-1970)  Photo $ 56

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures Sale Date Grade Sold price
Picture 1 of a sold 1 Rupee (Gulf)Picture 1 of a sold 1 Rupee (Gulf)
Katz
Auction 64
Lot 564
Internet Archive
17 Aug 2022 VF USD 56.04
(EUR 52.00)
(+ buyer's premium)
Picture 1 of a sold 1 Rupee (Gulf)Picture 1 of a sold 1 Rupee (Gulf)
Katz
Auction 93
Lot 70
Internet Archive
24 Aug 2023 F USD 56.04
(EUR 52.00)
(+ buyer's premium)
See the sales

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