Red Book Podcast featuring Jeff Garrett and Jeff Shevlin
Government of India Currency & Banknote Values
Banknote Book® Price Guide
The Greysheet Catalog (GSID) of the Government of India series of India in the World Currency contains 490 distinct entries with CPG® values between $1.00 and $42,000.00.
In 1860, the Government of India (GOV) was formed and it decided to issue new currency notes that would circulate alongside the existing notes of the banks of the three Presidencies: Bengal, Bombay, and Madras. Printing was done by Bank of England on handmade paper from Portals. The British conquered Burma after three Anglo-Burmese Wars (1824 - 1826, 1852 - 1853, and 1885 - 1886). Following the third war, Burma came under the rule of the British Raj as a province of India. From the late 1890s until the 1930s, the Government of India issued uniface notes for use in the various provinces of British India, including Burma. Government of India notes bear either the full name or code letter of the city of issue (called “circle” or “sub-circle” by Indian note specialists). For example, notes for use in Burma bear the name Rangoon (capital of the province) or the code letter R. Because Burma was a province of British India at this time, these notes are included in the India chapter, not Burma. Instead of assigning variety letters to notes based upon chronological order as is the standard elsewhere in The Banknote Book, here variety letters match the circle of issue code, with numbers appended for different signatures or sub-circles. This allows for easier identification of notes and the seamless incorporation of future discoveries into the catalog.
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