Note values

What Indian banknotes are really worth

The everyday denominations, with the honest answer for each: what an ordinary note is worth, and what the genuinely collectable ones actually fetch.

The rule that covers all of them: a note you can still spend is worth what it says on it. Premiums exist only for specific issues — a particular signature, a serial number, a note printed for use abroad — and the table below quotes one only where enough completed sales stand behind it. Not lakhs. A note that is no longer legal tender at all is worth nothing as money and only what a collector will pay — except the ₹500 and ₹1,000 notes withdrawn in November 2016: the Specified Bank Notes Act, 2017 lets a person keep up to ten of them, but not sell, buy or hand them on.
Note Ordinary one Top version, range from completed sales Which version that is
₹1 note ₹1 ₹197 – ₹556 One Rupee Note — Ashoka Pillar
₹2 note ₹2 — no version we can quote from completed sales
₹5 note ₹5 ₹3,925 – ₹6,750 Five Rupees Note — King George VI, signature C.D. Deshmukh
₹10 note ₹10 — no version we can quote from completed sales
₹20 note ₹20 — no version we can quote from completed sales
₹100 note ₹100 ₹249 – ₹1,149 Hundred Rupees Note — 786 in the serial
₹500 note ₹500 — no version we can quote from completed sales

Each premium range is the middle half of completed sales at independent dealers — asking prices are never counted — and a note appears only while enough sales from more than one dealer stand behind it. Old ₹500 and ₹1,000 notes are never given a price here, because the law forbids selling them.

Why old does not mean valuable

Value in paper money comes from how few were printed and how few survived unfolded — not from age. A note from the 1970s that hundreds of millions of people handled is common, however old it looks now.

That is the single fact the "your note is worth lakhs" business depends on you not knowing. Once you know it, every message of that kind reads the same way, and the request for a fee always arrives.

What Indian coins are really worth →

What the signature on a note is actually worth →

What a gaddi of notes actually sells for →

See what actually sold, and for how much

Real listings, the price the buyer paid, and the date.

See sold prices