The Revised Standard Reference Guide to Indian Paper Money

Last updated
The Revised Standard Reference Guide to Indian Paper Money
Indian Paper Money.jpg
Author Rezwan Razack & Kishore Jhunjhunwalla
IllustratorAmkaysweb
Cover artistPropel
CountryIndia
LanguageEnglish
Subject Numismatics
PublisherCoins & Currencies
Publication date
2012
Media typePrint, hardbound
Pages626
ISBN 978-81-89752-15-6

The Revised Standard Reference Guide to Indian Paper Money is a 2012 book by Rezwan Razack and Kishore Jhunjhunwalla. [1] [2] The book is a comprehensive compilation of facts, milestones, and other details regarding paper money in India. It was published in India by Coins & Currencies. Kishore Jhunjhunwalla and Rezwan Razack are avid collectors of Indian currency. [3] [4] The book traces the evolution of Indian currency dating back to 1770. It captures the various nuances of modern-day currency as well as incidents that helped shape this sector over the years. [5] The book is in its second edition—the first was authored by Jhunjhunwalla, whose collection was later purchased by Rezwan Razack. The revised edition was published after 10 years of research. The book was introduced to the public by Uma Shankar, Regional Director of the Reserve Bank of India on 13 January 2012. [6]

Contents

Summary

The Revised Standard Reference Guide to Indian Paper Money’’ includes high resolution colour images of notes from Semi-Government and Presidency Banks, which functioned until 1861. The Government of India (British Raj) then undertook the issue of banknotes in 1861, and that is when all Early, Private, and Presidency Banks’ currency issues ceased. The Government of India issued banknotes in 1861 which were uniface with a portrait of Queen Victoria, and underprinting was introduced to the portrait in the series beginning 1867. [6]

Vignettes in the book include the history of Indian bank notes dating back to 1770, when the Bank of Hindostan, a private bank located in Calcutta issued its first banknotes. However, the earliest banknote to still survive is dated 1810, by the Bank of Bengal. The book includes a comprehensive listing of all Indian banknotes since 1770. [6] Early on, all paper currency of India was printed by the Bank of England and shipped to India for distribution. The British India banknotes of King George V were also printed in England. In 1928, the India Security Press at Nasik became functional and took over from the Bank of England Press the printing of notes. In 1935, the Reserve Bank of India was established, and since then it has been the only currency-issuing authority and monetary agency for India. The King George VI Portrait Series were in circulation from 1936 till 1947. The series of King George V and King George VI were also overprinted for use in Burma. The overprinted banknotes of King George VI were also used in Pakistan until 1948. [6]

The book also deals with banknotes since Indian independence, up to the current series of banknotes with the portrait of Mahatma Gandhi. These include the special-issue notes intended for use in the Persian Gulf for the Trucial States, as well as money used by the Hajj pilgrims. [6]

The Osmania banknotes of Hyderabad of 1919-1953 also form a part of this book. Also listed are the issue of banknotes by Jammu and Kashmir and the Hawala notes of Saurashtra. The scope of this book includes the issues of Indo-Portuguese notes for Goa and Indo-French territories at Pondicherry. The cash coupons of Indian Princely States that were printed on paper were issued to counteract the shortage of metal during World War II. The Prisoner of War coupons used as money by the interned prisoners of the Anglo-Boer War of 1899-1902, World War II, and the Indo-Pakistani War of 1971 are also illustrated. [6]

The book has an entire chapter on Essays, Patterns, Proofs and Trials, which displays many of the best Indian banknotes that were designed but never made it into circulation. [6]

The book illustrates the watermarks and explains the minute features of the notes in detail.

Authors

The book has been primarily authored by Rezwan Razack, the joint managing director of Prestige Groups, [7] in association with Kishore Jhunjhunwalla, the sole author of the original ‘’The Standard Reference Guide to Indian Paper Money’’. The authors of the book also acknowledged the roles of Rekha Chandrabhanu, Bazil Shaikh, Murali Thantry, Sanjay Mittal, Mahalingeshwar Athani and Amarbir Singh, an expert on the banknotes and coins of the Nizam of Hyderabad. [8] The Hyderabad notes are also known as Osmania Sicca notes. The authors have dedicated a website indianbanknotes.com to keep the scholars and collectors up to date on Indian Banknote research.

Related Research Articles

Brunei dollar

The Brunei dollar, has been the currency of the Sultanate of Brunei since 1967. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 sen (Malay) or cents (English). The Brunei dollar is issued by the Autoriti Monetari Brunei Darussalam.

The Nepalese rupee is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932 when it replaced the Nepalese mohar at the rate 2:1.

Nicaraguan córdoba

The córdoba is the currency of Nicaragua. It is divided into 100 centavos.

The Bangladeshi taka is the currency of the People's Republic of Bangladesh. In Unicode, it is encoded at U+09F3 (HTML ৳).

Indian rupee Official currency of India

The Indian rupee is the official currency of India. The rupee is subdivided into 100 paise, though as of 2019, coins of denomination of 1 rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934.

The kwanza is the currency of Angola. Four different currencies using the name kwanza have circulated since 1977.

Myanmar kyat Currency of Myanmar

The kyat is the currency of Myanmar (Burma). It is often abbreviated as "K" or "Ks" (plural), which is placed before or after the numerical value, depending on author preference.

National Bank Note

National Bank Notes were United States currency banknotes issued by National banks chartered by the United States Government. The notes were usually backed by United States bonds the bank deposited with the United States Treasury. In addition, banks were required to maintain a redemption fund amounting to five percent of any outstanding note balance, in gold or "lawful money".

Moroccan dirham

The Moroccan dirham is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 centimes (cents).

History of the rupee

The history of the Rupee traces back to ancient Indian subcontinent. The mention of rūpya by Panini is seemingly the earliest reference in a text about coins. The term in Indian subcontinent was used for referring to a coin.

The rupee was the currency of Burma between 1852 and 1952, except for the years 1943–1945.

Hyderabadi rupee

The Hyderabadi Rupee was the currency of the Hyderabad State from 1918 to 1959. It coexisted with the Indian rupee from 1950. Like the Indian rupee, it was divided into 16 annas, each of 12 pai. Coins were issued in copper for denominations of 1 and 2 pai and ½ anna, in cupro-nickel for 1 anna and in silver for 2, 4 and 8 annas and 1 rupee.

The pound was the currency of Western Samoa between 1914 and 1967. It was subdivided into 20 shillings, each of 12 pence.

Between 1945 and 2007 Nepalese banknotes were issued with the portraits of four different kings. Starting in October 2007 the king’s portrait was replaced by Mount Everest on all notes which have been issued since.

Indian 1000-rupee note

The Indian 1000-rupee banknote was a denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was re-introduced in 1954. In January 1978, all high-denomination banknotes of 1000, 5,000, and 10,000 were demonetized in order to curb unaccounted cash money.

Indian 100-rupee note

The Indian 100-rupee banknote is a denomination of the Indian rupee. It has been in continuous production since Reserve Bank of India took over the functions of the controller of currency in India in 1935. The present 100 banknote in circulation is a part of the Mahatma Gandhi Series. These notes are in circulation along with the Mahatma Gandhi New Series of banknotes which were introduced in July 2018.

Indian 20-rupee note

The Indian 20-rupee banknote is a common denomination of the Indian rupee. The current 20 banknote in circulation is a part of the Mahatma Gandhi Series. The Reserve Bank introduced the 20 note in the Mahatma Gandhi Series in August 2001. Making it one of the last denominations of the series to be introduced in the series; other than the 5, which was introduced in November 2001.

Indian 10-rupee note

The Indian 10-rupee banknote is a common denomination of the Indian rupee. The 10 note was one of the first notes introduced by the Reserve Bank of India as a part of the Mahatma Gandhi Series in 1996. These notes are presently in circulation along with the Mahatma Gandhi New Series which were introduced in January 2018, this is used alongside the 10 rupee coin.

Banknotes of the Australian pound

Banknotes of the Australian pound were first issued by numerous private banks in Australia, starting with the Bank of New South Wales in 1817. Acceptance of private bank notes was not made compulsory by legal tender laws but they were widely used and accepted. The Queensland government issued treasury notes (1866–1869) and banknotes (1893–1910), which were legal tender in Queensland. The New South Wales government issued a limited series of Treasury Notes in 1893.

Rezwan Razack is an Indian businessman and numismatist.

References

  1. "Coins, currency expo in city from today". The Times of India . Archived from the original on 14 July 2012. Retrieved 30 March 2012.
  2. "It will be a feast for numismatists". The Hindu. Retrieved 30 March 2012.
  3. Gargi Gupta. "Meet India's biggest collector of banknotes". Rediff. Retrieved 30 March 2012.
  4. Gargi Gupta. "Showing us the money". Business Standard. Retrieved 30 March 2012.
  5. "Show me the money". Express Buzz. Retrieved 30 March 2012.
  6. 1 2 3 4 5 6 7 Staff Reporter. "Money talks, and how!". The Hindu. Retrieved 30 March 2012.
  7. "City builders bag awards". The Hindu . 2005-11-26. Archived from the original on 10 December 2005. Retrieved 28 March 2012.
  8. IBN LIVE. "Show me the money". CNN -IBN. Archived from the original on 31 January 2012. Retrieved 28 March 2012.

Book and Cover Designer

Devika Thukral, Propel Design - designers for the book