Rare 1948 Rs. 100 Note with Small Prefix Could Be Worth Lakhs Today!

Karachi, August 22, 2025 – Imagine stumbling upon an old Rs. 100 note in your family’s attic, only to discover it’s a rare 1948 gem that could fetch lakhs in today’s numismatic market! Issued during Pakistan’s infancy, the 1948 Rs. 100 note with a small prefix is a collector’s treasure, soaring in value due to its scarcity and historical significance.

Why Is the 1948 Rs. 100 Note So Special?

Printed shortly after Pakistan’s independence in 1947, the Rs. 100 note was issued under the Reserve Bank of India (RBI) before the State Bank of Pakistan took over. These transitional notes, marked with “Government of Pakistan” in Urdu and English, are rare due to limited issuance. The “small prefix” versions—featuring single or double-letter serial numbers like “A” or “AB”—are especially prized, with only a fraction surviving in good condition.

Key Features:

• Year and Origin: Dated 1948 with RBI or “Government of Pakistan” markings .
• Small Prefix: Serial numbers like “B/23” or “AA/67” (rarer than triple-letter prefixes).
• Condition: Uncirculated (UNC) or Brilliant Uncirculated (BUNC) notes, without folds or tears, fetch top prices.
• Signatures: Notes signed by RBI governors like C.D. Deshmukh or H.V.R. Iyengar are highly sought after.
• Special Marks: Star prefixes, misprints, or low serial numbers (e.g., 000001) can increase value tenfold.

Current Market Value in 2025

The value of a 1948 Rs. 100 note varies by condition and features, per www.ebay.com:

• Circulated (Good/Very Good): PKR 50,000–1.5 lakh.
• Uncirculated (UNC): PKR 5–8 lakh.
• Star Prefix or Low Serial: PKR 8–12 lakh.
• Misprints: Up to PKR 15 lakh for rare errors.

Historical Significance

These notes capture Pakistan’s birth, issued during the chaotic post-partition era when the RBI temporarily managed Pakistan’s currency, per wikipedia.org. Featuring Urdu and English text, they symbolize the nation’s early economic identity. Their rarity stems from limited printing and wear over decades, making them a collector’s “holy grail,”.

How to Sell Your 1948 Rs. 100 Note

1. Verify Authenticity: Consult a numismatic expert or grading service like PMG (Paper Money Guaranty) to confirm legitimacy.
2. Assess Condition: Check for folds, tears, or stains. UNC notes fetch the highest prices.
3. List Online: Register as a seller on trusted platforms like CoinBazzar.com, BidCurios.com, or eBay. Upload clear photos of both sides, noting serial numbers and condition.
4. Set a Realistic Price: Research recent auctions (e.g., PKR 8 lakh for UNC notes) to price competitively.
5. Use Secure Payments: Opt for bank transfers or PayPal to avoid fraud .

What’s Next?

The 1948 Rs. 100 note with a small prefix remains a numismatic gem, with values climbing as collectors worldwide hunt for Pakistan’s early currency. Whether tucked in an old wallet or family heirloom, your note could be a fortune waiting to be unlocked. Verify authenticity, list on trusted platforms, and cash in on this piece of history .