Overview
Issued by the Government of India in 1986 with the signature of Finance Secretary S. Venkitaramanan, this 1 Rupee banknote highlights India’s industrial progress. The obverse incorporates the 1 Rupee coin design with the Ashoka Lion Capital. The reverse depicts the offshore oil drilling rig Sagar Samrat in the Arabian Sea alongside a 1986 coin motif. Please judge condition from the photographs, which show this exact note.
Key Features & Details:
- Country: India
- Denomination: 1 Rupee
- Printer: Security Printing and Minting Corporation of India (SPMCIL)
- Condition: As shown in image – Crisp, flat paper with bright original colour and sharp corners. Carries two small staple pinholes in the watermark panel, as visible in the images.
- Obverse (Front): 1 Rupee coin motif featuring the Lion Capital of Ashoka, Government of India heading, central denomination ‘One Rupee’, and signature of Finance Secretary S. Venkitaramanan.
- Reverse (Back): Offshore oil rig Sagar Samrat, 1 Rupee coin motif dated 1986 with ears of grain, regional language panel, and Government of India title.
- Serial Number: 76E 714834 (Exact note shown in photos will be delivered)
Collector Value:
An essential piece for modern Indian banknote collectors, signature-set collectors, and industrial history enthusiasts.












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