Rare 1948 Rs. 100 Note with Small Prefix Could Be Worth Lakhs Today! Karachi, August 22, 2025 – Imagine coming across an old Rs. 100 note in your family’s attic. Upon further inspection, you realize it’s not just any note it’s a rare 1948 Rs. 100 note with a small prefix that could fetch lakhs in today’s numismatic market! Issued during the early days of Pakistan’s independence, this collector’s item is growing in value due to its rarity and historical significance.
Why Is the 1948 Rs. 100 Note So Special?
Printed shortly after Pakistan’s independence in 1947, the Rs. 100 note was originally issued under the Reserve Bank of India (RBI) before the State Bank of Pakistan took over. These transitional notes, marked with “Government of Pakistan” in both Urdu and English, are particularly rare because they were only issued in limited quantities. Among them, the versions with a “small prefix” are considered even more valuable, especially those with single or double-letter serial numbers such as “A” or “AB.” Due to the fragile nature of the notes and the passage of time, only a few have survived in good condition, making them highly sought after by collectors.
Key Features of the 1948 Rs. 100 Note:
- Year and Origin: Dated 1948 with markings like “Reserve Bank of India” or “Government of Pakistan.”
- Small Prefix: Features serial numbers with single or double-letter prefixes, such as “A/23” or “AB/67,” which are rarer and more valuable than triple-letter prefixes.
- Condition: Uncirculated (UNC) or Brilliant Uncirculated (BUNC) notes, free from folds, tears, or stains, are in high demand and command top prices.
- Signatures: Notes signed by RBI governors such as C.D. Deshmukh or H.V.R. Iyengar are particularly coveted by collectors.
- Special Marks: Notes featuring star prefixes, misprints, or low serial numbers (e.g., 000001) can see their value increase dramatically.
Current Market Value in 2025
The market value of a 1948 Rs. 100 note varies depending on its condition and unique features. According to listings on www.ebay.com, here’s an approximate breakdown:
| Condition | Estimated Value (PKR) |
|---|---|
| Circulated (Good/Very Good) | 50,000 – 1.5 lakh |
| Uncirculated (UNC) | 5 – 8 lakh |
| Star Prefix or Low Serial | 8 – 12 lakh |
| Misprints | Up to 15 lakh |
Historical Significance
These notes are an integral part of Pakistan’s early currency history. They were printed during the turbulent post-partition era when the RBI temporarily handled the nation’s monetary affairs. Featuring both Urdu and English text, these notes reflect the fledgling nation’s efforts to establish its own economic identity. Their scarcity and the passage of time have made them one of the most valuable items in the numismatic world.
How to Sell Your 1948 Rs. 100 Note
If you’re fortunate enough to own one of these rare notes, here’s how to potentially cash in on its value:
- Verify Authenticity: Consult with a numismatic expert or use grading services like PMG (Paper Money Guaranty) to confirm its legitimacy.
- Assess Condition: Carefully check the note for any signs of wear, such as folds, tears, or stains. Uncirculated notes (UNC) generally fetch the highest prices.
- List Online: You can list your note on trusted numismatic platforms such as CoinBazzar.com, BidCurios.com, or eBay. Be sure to upload high-quality images of both sides, showing the serial numbers, condition, and any distinguishing features.
- Set a Realistic Price: Look at similar notes recently sold at auction (e.g., UNC notes sold for approximately PKR 8 lakh) to help set a competitive and reasonable price.
- Use Secure Payment Methods: To protect yourself from fraud, always opt for secure payment options such as bank transfers or PayPal.
What’s Next?
The 1948 Rs. 100 note with a small prefix continues to be a numismatic treasure. Its value is only increasing as collectors from all over the world search for pieces of Pakistan’s early currency. Whether you find one tucked away in an old wallet or pass it down as a family heirloom, your note could potentially be worth a small fortune.
To unlock its true potential, ensure that it’s authentic, list it on trusted platforms, and follow secure transaction methods. This rare note could be your ticket to a significant financial windfall while preserving a piece of history.
