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Tuesday, July 6, 2010

One rupee 1981 Currency note




Among the earliest issues of paper rupees were those by the Bank of Hindustan (1770–1832), the General Bank of Bengal and Bihar (1773–75, established by Warren Hastings), the Bengal Bank (1784–91), amongst others.The Paper Currency Act of 1861 gave the Government the monopoly of note issue throughout the vast expanse of India, which was a considerable task. Eventually, the management of paper currency was entrusted to the Mint Masters, the Accountant Generals and the Controller of Currency.After Independence of India, the government brought out the new design Re. 1 note in 1949. Initially it was felt that the King's portrait be replaced by a portrait of Mahatma Gandhi. Finally however, the Lion Capital of Asoka was chosen. The new design of notes were largely along earlier lines. In 1953, Hindi was displayed prominently on the new notes. The economic crisis in late 1960s led to a reduction in the size of notes in 1967.

The  one rupee note of India is most unique in its nature .It doesnot bear the signature of The Governor of Reserve Bank of India but it is signed by the Finance secretary of India .In India, the Permanent Secretary - level civil servant, who plays a leadership role in the bureaucracy of the Finance Ministry is known as the Finance Secretary.One rupee note is referred as currency note and rest higher denominations are called bank notes this is because for one rupee note  finance ministry has the authority to issue or print these notes so finance secretary will sign where as for other denominations only RBI governor has authority to issue or print.The Reserve Bank of India began note production in 1938, issuing 2, 5, 10, 50, 100, 1000 and 10000 rupee notes, while the Government continued to issue 1 rupee notes.The one rupee  is not the actual legal tender of the country.  On one side of  the note we can see a large Circular  watermark window with Ashokan Pillar as watermark and one Rupee in Hindi in the centre. Front of 1 Rupee coin image on top right.The colour of the note is Blue, Brown, Pink and Deep Purple .The note is signed by R. N. Malhotra who lateron became a reserve bank governor .On the reverse side there is a image of  'Sagar Samrat' offshore oil rig and  back of 1 Rupee coin image on top left side.Production of 1 Rupee denomination was discontinued since March 1994 by Government of India

63 comments:

  1. Very informative indeed. makes one quite nostalgic in this age of plastic cards and pin numbers!

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  2. nice informative blog... i like collecting coins too.. have around 23 or 24 different types of indian one rupee coins... i mean of different carvings or sizes... tell me ur email id, i will send a photograph if them to u... my email id is davneet92@gmail.com... i have various other collections too...

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  3. Very informative indeed. Really interesting the Ghandi was not the first choice for banknotes. For some reason I thought it would be.

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  4. Nice Blog and very informative. I am not a serious coin collector myself, but I will share that I have Greek Coins minted in the early 1910s through the 1920s, no longer minted. Anywho, keep up the excellent work, my friend. ;)

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  5. You have a very interesting blog! My favorite coin is the "common man's coin". I think its design is elegant, simple and really more sophisticated than some of the more modern coinage.

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  6. Thanks my friend, you are also doing a great job i will read your blog and put some comments on it

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  7. One of the best informative and logical blog I have ever seen.Keep it up man!

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  8. Hi Abhas - please have a look at salma-gundi - my dogs dug an old coin up in my garden this morning and I immediately thought of you! Cheerio! Muriel.

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  9. Hey wow, u got an amazing collection :). nice blog

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  10. Fascinating historical post! Keep up the good work.

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  11. Abhas, I see 13 languages on this rupee note. To your knowledge, are there any that do have a unique script of their own, that have been left out? Also, for the sake of national unity, do you think it would be a good gesture for the authorities to feature important personalities from each of the states on currency, perhaps on a five year rotation basis?

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  12. in which year was one rupee and two rupee coin last printed???

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  13. Any buyer of one rupee note of the year 1981,1982, 1985,1980,1986 1984,1995,1996 please contact me in 09856003807

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  14. why the demand for 1964 1982 and 1995 one rupee note is so high

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  15. see year is normally not printed on such currency notes,the picture of the coin tells us about the printing of the note,anything that is rare has a huge demand and that is the case that is applied over here

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  16. i am having 1 rupee 1981 note with me.plz quote ur buing price. prakash garg ambikapur

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  17. hello friends anyone wants any notes. pls call me... -09966535273

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  18. i have one rupee note of the years 1971,1973,1976,1978,1979,1980,1981,1983,1985,1986,1987, 1989,1991. buyers sms me on 09972990140 or email to loyvarghese69@gmail.com

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  19. i am having 1 rupee 1981 note with me

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  20. Thank you for such an informative piece of information. I have a few old notes and i never knew the value of them until i read your blog. For example i have a two rupees note which has a tiger printed in red signed by one RN malhotra.a few black and white ten rupees notes signed by IG Patel KR Puri and S venkatramanan. What could be he vintage of these notes? I have one One Rupee note signed by MG Kaul as finance secretary.I sthere a way to find out the year of issue by using the serial no?
    Regards

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  21. Any buyer of one rupee note of the year 1966 1973 1976 1980 1981 1984 1985 1986 1987 1988 1989 1990 1991 1992, please contact me E – upender.b123@gmail.com

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  22. i have many one rupee note of 1981...how much can i get for them...??

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  23. mere pass 1981...1985 1991..1966 1973..n bahut sare 1 rts note hai..........jise chahiye wo sirf muze msg kare..no..9860949370.desai.

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  24. I have Re.1 note of 1981.
    Any buyer contact me ezu4run@yahoo.com

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  25. i have 1 rs big coin of year 1889-1964, Jawaharlal Nehry coin, any body interest reply me, hi5freedom@gmail.com

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  26. any one having 1 rupee note ranging from 1960-65 please contact-9972229543

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  27. I have 1 Re note of 1985 signed by S. Venkatraman. Anybody interested can let me know. my email address is hitenthefriend@gmail.com

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  28. I AM ALSO A COLLECTOR.
    HAVE A COLLECTION OF COINS-170 NATIONS.PAPER MONEY--190 & STAMPS OF 199 NATIONS.IN SEARCH OF A SINGLE PAPER MONEY OF LEAST DENOMINATION OF ARUBA--CAPE VERDE--DJIBOUTI--EL SALVADOR-- FALKLAND ISLANDS & IRELAND TO COMPLETE THE GLOBE..
    my mail id sanjay_njoshi@yahoo.co.in

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  29. i have 1 rupeas coin javaharlal neharu withaut cap 1889-1964 and 1 rupeas note 1971,1974,1975,1978,1981,1985,& 1987 if you intarested call me 9076931718

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  30. i have 1981 note call me at 8430788999

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  31. I have one quarter anna of india of year 1936 by GEORGE V KING EMPEROR for sale, any one interested to buy this, E-mail me at
    rsenggm@gmail.com

    ReplyDelete
  32. I have one quarter anna of india 1936 by George V king Emperor, anyone interested for buy this, contact me at rsenggm@gmail.com

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  33. i have 1 re notes like 69,74,76,78,79,80,81,83,84,85,86,87,88,,89,90,91,92,93,94...........
    any 1 want can contact me
    shivamk2y7@gmail.com or 09927222277

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  34. i have three new copies of rs. one notes of year 1972, 1974, 1988.any uyer who can give maximum premium can contact me on 09417095630 or on my mail id vineet_0070@yahoo.com

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  35. I have very rare Rs 10 leather note issued only for one day. Nybody interested please contact zaxona@gmail.com with your offer.

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  36. i have 1966 1 rs note for sale.If any body need dis note please contact me -santoshkosanam@gmail.com

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  37. 1 rs note bundle of 1976, signed by MG kaul...any takers??..call 9970111500

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  38. I have 1 rupee notes with 1 to 100 serial no.s
    of each year 1971,1978,1981,1983,1984,1985,1986,1987,1989,1991.

    contact:vistinc@yahoo.co.in

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  41. i have one rupee 1972 if any one need call me 9832555305

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  42. i have a fresh new bundle of Re 1 note of 1981. it still has RBI stapple. if you want to buy call 09824374334

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  43. if u have ricepullerr tell i give u best price harbir712@gmail.com

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  44. i have this same one rupee note...if anyone is interested please contact me at prashant.tiwari@tffs.edu.in

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  45. i have lots of 1 re note of the year 1967,1969,1972,1974,1973,1976,1981,1980,1984,1985,1986,1988,1991,1992,1990..if any one want to buy mail me at..
    rakesh_solanki159@yahoo.com

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  46. i am having 70 notes 10rs printed wiht 2 peacokes, 2 horses and 3 deers signed by r n malhotra..all of them are fresh and in sequence,,,, if any one want to buy.....mail me at...
    rakesh_solanki159@yahoo.com

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  47. I have 120 note of 1 rupee..
    date printed on note 1964-1988
    please contect me my mob-
    09759618259
    mail i.d- singh.updesh9@gmail.com

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  48. i have 1 rupee note of 1985 Signed by S.Venkitarama.and a 2 rupee note.if you want to buy then send me price to my mail id. i will send you photos of that note after contacting me.

    sumitbokhetwal@gmail.com

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  49. I have 1 rupee note Signed by S. Venkatramanan and 2 rupees note Signed by IG. Patel. If any one interested can mail me at er.tarunjoshi2107@gmail.com or call at Whatsapp 08699531923

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  50. This comment has been removed by the author.

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  51. This comment has been removed by the author.

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  52. ( 1 Rupee 1976 1979 1981( Coin ) ( 1 Rupes Note 1971 I.G Patel ) 20 Rupees 21D 378694 ( 786 ) Old Coin & Note Hai Mujhe Bekane Hai U.P Call Me 91 9997559791 - 8393926571

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  53. I have 1 rupee note which is signed by R.N.Malhotra....if anyone want...tell me

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  54. I have 1 rupee note which is signed by R.N.Malhotra....if anyone want...tell me

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