Rare 1948 Rs. 100 Note with Small Prefix: Why It’s Worth Lakhs in 2025
If you have an old Rs. 100 note from 1948, you could be holding a hidden treasure. Many people do not know that some of these old notes are now worth lakhs of rupees. Collectors all over Pakistan and even in other countries are searching for these rare notes, and their prices are rising fast. Check CM Punjab Ration Card (Rashan Card).
What Makes the 1948 Rs. 100 Note So Special?
These notes were made just after Pakistan became independent in 1947. At that time, Pakistan did not have its own currency yet, so these notes were printed under the Reserve Bank of India (RBI). You can spot them by looking for “Government of Pakistan” and “1948” printed on the note.
The most valuable 1948 Rs. 100 notes have a small prefix in the serial number, like “A” or “AB” instead of the longer prefixes that came later. The notes with single or double-letter prefixes were printed in much smaller numbers, which makes them rare.
Key Features to Look For
- Historical Details: Many notes show King George VI or early designs made for Pakistan.
- Small Prefix: The best notes have single or double-letter prefixes (like A, AB, or B/12).
- Top Condition: Notes that have never been used, called UNC (uncirculated), can get you 5 to 10 lakh rupees, or even more if the note is perfect.
- Special Touches: Errors, star symbols, or signatures from early RBI leaders (like C.D. Deshmukh) add even more value.
How Can You Tell If Your Note Is Valuable?
Not all old notes are rare. Here’s how you can check if your note is special:
- Check the Year and Text: It should say “1948” and have “Government of Pakistan” or RBI markings.
- Prefix Matters: The serial number should start with one or two letters, not three.
- Condition Counts: The cleaner and crisper the note, the better. No folds, no tears.
- Special Signs: Star symbols, low serial numbers (like 000001), and printing mistakes increase value.
- Signatures: If it has a signature of C.D. Deshmukh or H.V.R. Iyengar, it is worth even more.
For example, a 1948 Rs. 100 note with a B prefix and C.D. Deshmukh’s signature was recently sold for Rs. 8 lakh. A similar note with a star symbol sold for Rs. 10 lakh at a UK auction.
Where Can You Sell Your Rare Note?
- Online Marketplaces: Sites like CoinBazzar.com, BidCurios.com, and even eBay are good places to start. Take clear pictures of both sides of the note, especially the serial number.
- Dealers and Shops: Visit coin shops in Karachi’s Saddar or Lahore’s Anarkali Bazaar. Some dealers, like Rayad Group, are trusted for fair deals.
- Auctions: International auction houses like Spink and Heritage Auctions often get higher bids from foreign collectors.
Why Is There So Much Interest?
The 1948 Rs. 100 note is a piece of history. It shows the struggle and hope of the early days of Pakistan. Collectors love these notes for their rare details and stories, and investors see them as safe from inflation.
What’s Next for 1948 Rs. 100 Notes?
If you have a note like this, you could be holding something worth a fortune. Experts believe prices will keep going up as more people learn about these notes and as fewer remain in good condition. If you live in Pakistan, now is a good time to check old trunks or drawers in your home.
Disclaimer:
The prices given here are based on July 2025 sales and market trends. Before you sell, always check your note’s authenticity with a professional numismatist or a trusted dealer. Prices can change over time and depend on condition, rarity, and buyer interest.
Summary Table: What to Check on a 1948 Rs. 100 Note
| Feature | Details That Raise Value |
|---|---|
| Year & Markings | 1948, “Government of Pakistan” |
| Prefix in Serial Number | Single or Double Letters (A, AB) |
| Condition | UNC or Near-Mint |
| Special Features | Stars, Errors, Early Signatures |
| Recent Sale Value | 5-15 lakh rupees (varies) |
If you think you have one, it could change your life!
