How to Build a Set of Early Indian Bank notes?

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Read and explore the different varieties of Early Indian bank notes that were issued by East India Company for Bengal, Bombay and Madras Presidency. Refer to this presentation for building a new exciting set of old bank notes of India. https://www.mintageworld.com/note/dynasty/32/

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Presentation Transcript

How To Build A Set Of Early Indian Bank Notes? :

How To Build A Set Of Early Indian Bank Notes ?

Slide 2:

Every experienced collector or notaphilist has a specific area of interest. He or she always focuses on building a unique set. Some like collecting British India notes while many others specialise in Republic India notes. Today, let’s take a look at the types of Indian bank notes that were issued by the East India Company even before British India notes were officially introduced.

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Bank of Bengal issued rare bank notes of odd denominations such as 4 Rupees, 8 Rupees, 16 Rupees, 250 Rupees, 25 Rupees, 5000 Rupees etc. Collectors from all over the country dream of having these old bank notes of India in their collection. The earliest issues featured designs only on one side. They were followed by Commerce notes depicting an allegorical female figure personifying commerce and eventually the Britannia Series was introduced.

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Bank of Bombay issued early Indian bank notes of denominations such as 100 Rupees, 1000 rupees, 5000 Rupees, 5 Rupees etc. from 1850 to 1860. The designs of notes issued by Bank of Bombay after 1860 were much better in quality when compared to the designs featured on other old currency bank notes. The Uniface notes depicted an image of the Town Hall of Bombay.

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The Madras Bank was the first bank of India that was established in the year 1682. The Bank of Madras was established in 1843 by merging three banks including the Madras Bank. Madras Presidency issued the smallest number of early bank notes of India. These Indian presidency banknotes depicted a vignette of the Governor of Madras, Sir Thomas Munroe.

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From early bank notes issued by the East India Company to the latest ones released in the last few years, the evolution of Indian bank notes has truly been outstanding in terms of designs and well as security features. If you want to build a unique set of bank notes of India, then you can start by collecting different types of presidency notes from Bengal, Bombay and Madras.

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