India 100 Rupees banknote identification

Hi all, I came across this Rs 100 bank note signed by B Rama rau, with 2 elephants on the rear of the note. The serial numbers are black. I have never seen this design of note before, nor has this been listed on numista.

Is there anyone who has come across this style of note and if so, could you kindly shed more light on this?

Thanks

Hello,

http://www.banknote.ws/COLLECTION/countries/ASI/IND/IND0041.htm

Holy mackerel! - thank you so much. So this note is actually legit.

Okay, so next question - is this a very rare note? The reason I ask is that the person who wants to sell it to me is quoting a price of around INR 58,000 (about USD 710). Is this expected or overpriced?

Thanks.

Hello, 710$??? No no no, i'm french, in France in store, look the link, 80€, but in à store, your banknote 40 euro for me…

https://www.cgb.fr/100-rupees-inde-1957-p-044-ttb-,b92_2284,a.html

Hi, I clicked your link and I can see that the note you are selling, is different to the note I have asked about.

Its possible that note I have posted about is very rare and therefore expensive. Anyone else have some information about this?

Looks like the English only front is a bit scarcer than the other version.

The PMG site shows a 60 valued at $375USD
1949-1961 India 100 Rupees values and price guide (pmgnotes.com)

One sold on eBay for $600.

INDIA 100 RUPEES P-41 1949 ELEPHANT *RAMA RAU* LARGE SIZE RARE CURRENCY BANKNOTE | eBay

There are two others listed at $600, but they have not sold.

INDIA 100 RUPEES P-41 1949 ELEPHANT *RAMA RAU* LARGE SIZE RARE CURRENCY BANKNOTE | eBay

India 100 RUPEES P-41 ND 1949 Elephant RAMA RAU Sign LARGE RARE Indian Currency | eBay

Thanks for your reply. Yes, based on pricing alone (PMG and eBay) it would appear that the English only version is scarcer and therefore costlier.

Nice, I'll try and acquire one around the $300-400 range.

Thank you everyone for your valuable input.

I have always wanted this note. But it is  way beyond my budget.

ruler.of.kutch

Thanks for your reply. Yes, based on pricing alone (PMG and eBay) it would appear that the English only version is scarcer and therefore costlier.

Nice, I'll try and acquire one around the $300-400 range.

Thank you everyone for your valuable input.

I’ve looked over a few examples after your initial post & was struck by the number of 100 Rupees notes from this era incorrectly labeled (or miss-identified).  I suggest you carefully bone up the varieties and be certain of the serial number placement, colour, etc, before you “pull the trigger.”

Thanks a lot for your advice. Yes, I certainly intend to before spending that kind of money (at least for me).