Item 363 out of 476
Lot # 363 - Persian Gulf Issue Five Rupees Note signed by H V R Iyengar of 1959.
Persian Gulf Issue Five Rupees Note signed by H V R Iyengar of 1959.
Persian Gulf Issue Five Rupees Note signed by H V R Iyengar of 1959. Persian Gulf Issue Five Rupees Note signed by H V R Iyengar of 1959.
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  • P-Auction # 32
  •  Bids: 8
  •  Views:825
Start Price 150000 Estimated Price 150000-200000
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Quick Description
GovernorH. V. R. IyengarGrade (if Slabbed)64
Year1959CertificatePMG
Full Description:

Republic India, 1959, 5 Rupees, Persian Gulf Issue, signed by H.V.R. Iyengar, Z Inset, S.No. Z0 739674, (KJ & RR # 6.12.2.1), pin holes, exceptional paper quality, graded by PMG as 64 Choice Uncirculated EPQ, Extremely Rare.

Note: A rare denomination of the Persian Gulf banknotes. It is highly collectable in the Superb Gem Uncirculated grades. An exhilaratingly well-preserved example with its vibrant orange colours intact as from the time of issue, which is usually the first feature to fade even without circulation.

The Z prefix on this note identifies it as a "Persian Gulf Note" which the Reserve Bank of India circulated in Bahrain, Muscat  Oman, Kuwait, Qatar, and the United Arab Emirates.