Bank.notes

Collection India #280

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1 INR

India 2017 1990_present UNC P-108 AI extracted ✦ AI 95%
Front · IMG_6609.jpeg cropped
Back · IMG_6610.jpeg cropped
Pair check: ! check failed checked 2026-05-09T09:56:35.299538
Identity

Where & when

Country India
Currency INR
Denomination 1
Series name Mahatma Gandhi New Series
Series year 2017
Issue year 2017
Era 1990_present
Legal status in_circulation
Subjects & design

What's on the note

Front portrait
Reverse subject Sagar Setu oil platform
Watermark Ashoka Pillar emblem in clear field at right
Color palette #d4a574,#8b9467,#c8a89e
Themes industry,commemorative
Language / script Devanagari, Latin

Front: The Ashoka Pillar capital with Lion emblem, national symbol of India adopted in 1950, derived from the 3rd century BCE Sarnath pillar erected by Emperor Ashoka. The emblem features four Asiatic lions standing back-to-back on a circular abacus, representing power, courage, confidence and pride. This modern one rupee note bears the bilingual inscription 'Government of India' in Hindi (भारत सरकार) and English, with the denomination displayed prominently in the Devanagari script.

Back: Sagar Setu, India's first offshore oil drilling platform, located in the Bombay High oil fields off the coast of Mumbai in the Arabian Sea. Commissioned in 1974 and operated by Oil and Natural Gas Corporation (ONGC), it represents India's achievement in offshore oil exploration and energy self-sufficiency. The platform is depicted with its distinctive drilling tower and support structure, symbolizing India's industrial and technological progress.

Production

How it was made

Issuer Reserve Bank of India
Issuer (native) भारतीय रिज़र्व बैंक
Printer Security Printing and Minting Corporation of India Limited
Engraver
Material paper
Dimensions (mm) 97x63

Signatures: Secretary Ministry of Finance

Security features: thread,microprint,intaglio,see_through_register,latent_image

Geography

India in Asia

India in Asia. Other countries on the same continent shown in muted grey.

The story

Background & history

The Mahatma Gandhi New Series was introduced by the Reserve Bank of India in 2016–2017 as a complete redesign of Indian banknotes following demonetization. The one rupee note remains issued by the Government of India (not the Reserve Bank) and bears the signature of the Secretary, Ministry of Finance rather than the RBI Governor. The 2017 series features enhanced security features including see-through register, improved thread designs, and microprinting. The reverse design showcasing India's oil platform reflects themes of economic development and industrial achievement.

Catalogue

Collector references

Pick # 108
Krause ID
Rarity tier common
Series range 2016–present
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade UNC
Serial number 86C707296
Serial prefix 86C
Valuation

What it's worth now

$1–$3
Type default range $1–$3
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-08 17:33:02 1.0 3.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (1)
anthropic · claude-sonnet-4-5 2026-05-08 17:33:02
status: ok · step 1 · $0.0361 · 6285↓ + 1148↑ tokens
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