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Paper Money: Bank of Madras, 10 rupees, hand signed, dated 1 May 1845 of date format 184_, Plate typ

Currency:INR Category:Coins & Paper Money / Paper Money - Asia Start Price:NA Estimated At:600,000.00 - 800,000.00 INR
Paper Money: Bank of Madras, 10 rupees, hand signed, dated 1 May 1845 of date format 184_, Plate typ
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Paper Money: Bank of Madras, 10 rupees, hand signed, dated 1 May 1845 of date format 184_, Plate type 1, serial no.: 13337, signed by John Heyman. Obv: BANK OF MADRAS in semi-circular on top, above the Vignette of Equestrian statue of Sir Thomas Munroe, Governor of Madras. Denominations in numerals on 4 corners, Bank of Madras written on top 2 panels in English, Persian, Telugu and Tamil and Denominations written on bottom 2 panels in the same 4 languages; serial no. 13337 printed on both halves; A large blue stamp PAID 23 October 1879 and CANCELLED stamps across. Rev: BANK OF MADRAS and denomination in big bold fonts, J&R 1C.3.1.1. Printed by Perkins, Bacon & Petch, London. Perforated 23 10 79.

Very fine, Extremely rare.

Notes of this type were usually cut in half before transportation and later rejoined as a security measure. However, this particular note remains intact and has not been rejoined, making it an exceptionally rare and valuable find for collectors.

For more details, refer Article “Bank of Madras: A Detailed Study After 175 Years” written by Mr. Ramkumar Sarangapani, published in IBNS Journal Volume 56, Number 2, 2017.