Open data

What a gaddi of notes actually sells for

A gaddi is a hundred notes. We hold 759 completed sales of exactly that, across 7 denominations. Below are prices somebody paid, not asking prices.

Every denomination we have enough sales for

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 21.5× its face value; a gaddi of ₹100 notes fetches 1.7×.

The reason is plain. ₹1 and ₹2 notes are no longer printed, so there is no face value left to fall back on — whatever a collector pays is the whole of what they are worth. A ₹100 note is still 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 2,400 multi-note sales. The more notes in a lot, the less each one fetches — a buyer prices the lot, not the notes in it.

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", 759 completed sales. https://thecurrencybazaar.com/gaddi-note-value

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