Open data
What a gaddi of notes actually sells for
A gaddi is a hundred notes. We hold 155 completed sales of exactly that, across 6 denominations. Below are prices somebody paid, not asking prices.
Every denomination we have enough sales for
| Note | Gaddi sells for | Per note | Face value | Multiple | Sales |
|---|---|---|---|---|---|
| ₹1 note | ₹3,600 | ₹36 | ₹100 | 36× | 58 |
| ₹2 note | ₹3,700 | ₹37 | ₹200 | 18.5× | 31 |
| ₹5 note | ₹2,300 | ₹23 | ₹500 | 4.6× | 14 |
| ₹10 note | ₹4,000 | ₹40 | ₹1,000 | 4× | 35 |
| ₹20 note | ₹4,500 | ₹45 | ₹2,000 | 2.3× | 12 |
| ₹50 note | ₹9,500 | ₹95 | ₹5,000 | 1.9× | 5 |
The pattern, and it is the opposite of what people hope
The bigger the note, the smaller the multiple. A gaddi of ₹1 notes fetches 36× its face value; a gaddi of ₹50 notes fetches 1.9×.
The reason is plain. ₹1 and ₹2 notes are rarely seen in circulation now, so collectors set their price — a face value of a rupee or two is no floor at all. A ₹50 note is everyday money, so its gaddi has its own face value as a floor and only a modest collector premium on top.
A hundred together is worth less per note than two together
From 328 multi-note sales. The more notes in a lot, the less each one fetches — a buyer prices the lot, not the notes in it.
| Notes in the lot | Price per note | Sales |
|---|---|---|
| 2 | ₹1,100 | 39 |
| 3 | ₹397 | 24 |
| 5 | ₹606 | 30 |
| 9 | ₹604 | 10 |
| 10 | ₹311 | 13 |
| 100 | ₹89 | 174 |
Mean price per note at each lot size. Small lots of scarce notes lift the top of this table — it is a guide to the shape, not a price list.
What counts as a gaddi here
Only sales where the recorded count is exactly one hundred. The word "bundle" is not enough — in our own parser it attaches to as few as two notes, and a table built on that assumption said a gaddi with ₹50,000 of face value sells for ₹6,150. The figure was real; the hundred was assumed.
Take the data
The table above, as a file: CSV · JSON
Cite it as:
The Currency Bazaar, "What a gaddi of notes actually sells for", 155 completed sales. https://thecurrencybazaar.com/gaddi-note-value
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