Collection › India › #277
1 Rupee INR
P-78Aa
AI extracted
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Where & when
What's on the note
Front: The Ashoka Pillar capital, featuring four Asiatic lions standing back to back, India's national emblem adopted from the Lion Capital of Ashoka at Sarnath (circa 250 BCE). The emblem symbolizes power, courage, and confidence; the lions rest on an abacus decorated with a chakra (wheel) flanked by animals. The note displays the denomination 'Ek Rupaya' (One Rupee) in Hindi Devanagari script prominently at center, with 'Government of India' in both English and Hindi. This design represents the small-denomination government-issued currency notes, distinct from Reserve Bank of India notes.
Back: An offshore oil drilling platform representing India's petroleum industry and energy sector development. The oil rig symbolizes India's efforts toward self-sufficiency in energy production during the 1980s-90s, particularly the development of the Bombay High oil field in the Arabian Sea, which began production in 1974 and became crucial to India's oil production. The denomination appears in 15 regional languages in a vertical panel on the left, reflecting India's linguistic diversity.
How it was made
Signatures: Secretary, Ministry of Finance: Pratap Kishan Kaul
Security features: watermark,intaglio,microprint
India in Asia
India in Asia. Other countries on the same continent shown in muted grey.
Background & history
This note belongs to the Government of India 1 Rupee series issued between 1985 and 1994, authorized under the Currency Ordinance of 1940. Unlike higher denominations issued by the Reserve Bank of India, the 1 Rupee note remained a Government of India issue, continuing a practice from colonial times. These notes featured the signature of the Finance Secretary rather than the RBI Governor. The series was eventually replaced by coins in 1994, marking the end of the 1 Rupee banknote in India. This particular note is signed by Pratap Kishan Kaul, who served as Finance Secretary during the 1980s.
Collector references
How it came to me
Note shows general circulation wear with some soiling and light staining visible. Corners show minor rounding. Overall structural integrity maintained.
What it's worth now
Valuation history (1)
| date | low | high | currency | source | note |
|---|---|---|---|---|---|
| 2026-05-08 17:32:09 | 2.0 | 5.0 | USD | ai | from claude-sonnet-4-5 |
History & extractions
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