Showing posts with label old notes of india. Show all posts
Showing posts with label old notes of india. Show all posts

Tuesday, January 31, 2017

Fancy numbers play a vital role when it comes to collecting Indian Notes



The term given to the study of banknotes is Notaphity. And when you have to study banknotes you would invariably have to collect them. So what are the facts and features about banknotes that excite and lure a collector? Well, that’s a very relative question and it completely depends on the interest of the collector. I have been collecting Indian notes since five years now and I have completely got hooked on to it. Initially all I was interested in collecting was fancy numbered Indian Notes


I started with currency notes in India whose serial number ended with the digits 786. The number has a lot of significance for Muslims and it is considered to be a lucky as well. I accidently found a 10 rupee Indian note first with the serial number ending with this lucky number. I did not pay much attention to it. I was at the supermarket and was about to give it away to the owner, when he held it and looked at it for some time. He first thanked me. I wondered why he did that. After questioning him, I realised the importance of these notes. After several requests, I exchanged the note with another one and I kept the lucky 10 rupee Indian note with me. I don’t really know how lucky it was for me, but I surely fell for the idea of collecting more currency notes in India featuring 786 in the serial number. I started checking online for these notes and then found out that collecting Indian notes is a popular hobby that many pursue. I joined a few communities and interacted with several other collectors like me. This way, I started growing my collection of Indian notes slowly.

After I collected quite a few 786 notes, I moved on to sold numbers and super solid numbers. Unlike coins and stamps, serial numbers and fancy numbers play a vital role when you are a collector of banknotes. I slowly learned that there are many who are ready to pay thousands of rupees just for owning special currency notes in India featuring interesting serial numbers!

Saturday, January 28, 2017

My Curious Nature Led me to Collecting Indian Notes



As the years pass by, our standards of living always keeps on increasing. And with that, there is a need to release higher denomination currency. Many a times we hear of stories from our parents and grandparents of how they used to buy a lot of things with just 1 rupee or some paisas for that matter. The 100 rupees Indian Notes that we use today might not fetch you anything in maybe 20 years. Its value could be as much a 1 rupee of today’s times. That’s what made me curious about Indian notes and I started collecting them a few years back. I first started collecting Indian notes of 1 rupee denomination. I started looking out for the different kinds of designs that are featured on them. I started looking up on the internet for currency notes in India of the denomination one. Then, I realized that collecting Indian notes is a hobby that many pursue.


That’s what got me going, I started networking with other collectors like me. There are some who have been collecting Indian notes since 30 years, 40 years and so. It feels great to stay in touch with such experts because they keep sharing their insights and opinions about various aspects related to the hobby. I think it is very important to connect with the fraternity at a deeper level for this wonderful hobby to survive. After I ended my quest for collecting 1 rupee Indian notes, I moved on to other denominations. I recently came to know that high value denomination like 1000 rupees was also issued back in the times of East India Company. Then it struck me that 1000 rupees in those days might be worth crores of rupees of today’s times. I asked myself why are Indian notes of the denomination 1 crore released now then? I did a bit of research and found out that such high denominated banknotes are issued by governments only to tackle the problem of inflation. 

Now when I look back I realized that questioning oneself from time to time is what makes you curious and keeps you engaged!