Lot 424

India, Reserve Bank of India, George VI (1936-1947 AD), 100 Rupees, Calcutta, ND (1943), signed by C. D. Deshmukh, serial no.: B19 683244, Jhun & Rez # 4.7.2B, Pick # 20e, staple holes at issue, minor rust damage, 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, As per the PMG Population Report, a total of 26 notes have been certified in the grade of Uncirculated 63 (UNC 63), while 48 examples have been graded higher than UNC 63. This demonstrates the relative scarcity of this note in comparable or superior grades, Graded by PMG 63 Choice Uncirculated, rare.