Auction: 25888 - The Jeffrey Wong Collection of World Banknotes - Part I
Lot: 120
(x) Government of India, 50 Rupees, Calcutta, ND (1930), serial number V/4 723299,
This 50 Rupees note was issued under the Government of India during the reign of King George V and is signed by James Braid Taylor, who would later become the second Governor of the Reserve Bank of India.
It is the second of three lots presented in this sale for this type. Printed in rich maroon, brown, and green tones, the front displays the profile portrait of King George V wearing the Imperial Crown of India at right, balanced by the identical watermark to the left. Serial numbers are placed at upper right and lower left, while the reverse features multiple language panels surrounding the denomination at centre.
This particular note was issued for the Calcutta branch. As the long-standing administrative capital of British India, Calcutta held strategic political and economic importance. Branch-specific designations allowed for the effective organisation and distribution of currency throughout the vast colonial territories.
Examples of this type have become increasingly difficult to encounter and are always of considerable interest to collectors of British India's complex monetary history.
(Pick 9d, BNB 143c2, Jhun&Rez 3.9.2B), in PMG holder 25 Very Fine, spindle holes at issue, corner tip missing
Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.
Estimate
£5,000 to £8,000
Starting price
£5000