Thursday 4 December 2014

How 100 Rupee old Notes price appreciated over a decade ?

100 Rupee pre independce currency notes 

JW Kelly Signature note

J W Kelly Note
Recently i was trying to do some reasearch on the old currency . I have travelled to different dealers in chennai and bangalore  in search of some price information. I found interesting to note that the 100 Rs Kelly signature currency note ,JB Taylor which were released by government .

The first note of 100 Rupees with King George released on 1927 with King George in different locations like Karchi, Bombay,Rangoon,Madras etc . The governor at that time is H.Denning.

The above note shown is market average price of Rs 15,000 in the year 2004-2005 .Being the rare and demanded note the note appreciated the price over the decade and latest price has touched close to 1 Lakh Rupees based on condition and based on dealer .

To the collectors please note all the currencies will not appreciate the price , only few rare ,demanded UNC condition note will touch the high price mark. It is as simple as share market the all the stocks will not perform better but only few .

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