Lot

British India, Reserve Bank of India, George VI (1936-1947 AD), 100 Rupees, Type 4.7, Calcutta Circle, 1944 AD, Front facing watermark, signed by C. D. Deshmukh, serial no.: A86 817345, Interesting rubber stamp on watermark panel, C. D. Deshmukh's signature on King George VI British India banknotes marks a significant transition in India's monetary history. As the first Indian Governor of the Reserve Bank of India, his notes represent the final issues of the British India era and the country's move toward independence. Owing to their historical importance and status as the last British India banknotes before Independence, notes bearing his signature are highly desirable among collectors, particularly in well-preserved grades and scarcer denominations, R IPM # 4.7.2B, very fine, rare.