India Banknote Issue Replacement Issue Rs 20 Serial Packet GEM UNC 01N 2014
This is India Banknote Collection. India Banknote Issue Replacement Issue Rs 20 Serial Packet GEM UNC.
Total - 100 Banknotes in Sequence. The Reserve Bank of India at present issues fresh banknote packets containing one hundred (100) serially numbered banknotes. Each banknote bears a distinctive serial number along with a prefix. The prefix consists of the numeral and a letter/letters and is followed by a serial number. In a serially numbered packet, banknotes with any defect, detected at the printing stage, are replaced at the note printing presses by banknotes having the same number so that the sequence of the packet is maintained.
As a part of the Banks ongoing efforts to benchmark its procedures against international best practices as also for cost effectiveness at printing presses, it is proposed to adopt the STAR series numbering system for replacement of the defectively printed banknotes. The Star series notes, to begin with, will be issued in lower denominations, that is, Rs.The Star series notes will look exactly like the existing notes of Rs. 50 in the Mahatma Gandhi series but will have an additional character viz.
A (star) in the number panel. Packets with star series notes will have 100 pieces as usual but not in serial order. The Star series notes will be legal tender and members of public may freely accept and use these notes.
Consequently, some fresh banknote packets issued by the Bank may contain some notes having a (star) in the number panel in the space between the prefix and the number. The packet will contain 100 banknotes, as hitherto. To facilitate easy identification of note packets containing star series notes, the bands on such packets will clearly indicate the presence of these notes in the packet. Collect a Little Piece of Economic History.
People have been using coins for currency for thousands of years. The first coins date back in 650 B. So its no wonder old coins and banknotes draw so much interest. Banknotes are among the most popular collectors' items in today's era and in the collecting world overall.Both amateur and experienced collectors are sure to find a fascinating array of banknotes, errors in banknotes, governor issues, star issues , banknote sheets , and so on. Familiarize yourself with relevant historical facts so that you know which bills are valuable. Try to assemble complete sets. For example, choose specific notes that have a certain design them. Whenever possible, use the Friedberg numbering system, which is a detailed and fully illustrated guide for identifying currency notes.
The item "India Banknote Issue Replacement Issue Rs 20 Serial Packet GEM UNC 01N 2014" is in sale since Monday, February 17, 2020. This item is in the category "Coins & Paper Money\Paper Money\ World\Asia\India".
The seller is "bhavya2399" and is located in MUMBAI, MAHARASHTRA. This item can be shipped worldwide.- Circulated/Uncirculated: Uncirculated
- Country: India
- Type: Banknotes