Re 1 British India Banknote Year 1917 Signed By M M S Gubbay Ultra Unique and Rare Delhi Circle Extreme Unique
When the British Raj first issued these one-rupee notes to combat wartime silver shortages, they initially intended to issue them by specific circles (such as Bombay, Calcutta, Madras, Karachi, and Cawnpore). However, the vast majority of M.S. Gubbay notes were quickly Universalised. This meant they were legally valid nationwide across all circles to simplify circulation. Delhi was not a separate currency circle for this denomination. If someone is marketing a note as an "Extreme Unique Delhi Circle," it is likely a misinterpretation of a regional treasury stamp added post-production or misleading auction
Description
When the British Raj first issued these one-rupee notes to combat wartime silver shortages, they initially intended to issue them by specific circles (such as Bombay, Calcutta, Madras, Karachi, and Cawnpore). However, the vast majority of M.S. Gubbay notes were quickly Universalised. This meant they were legally valid nationwide across all circles to simplify circulation. Delhi was not a separate currency circle for this denomination. If someone is marketing a note as an "Extreme Unique Delhi Circle," it is likely a misinterpretation of a regional treasury stamp added post-production or misleading auction7-Day Return & Refund: accepted only if the item delivered is not genuine or is the wrong item. Every piece is 100% authentic and offered at our lowest-price deal.
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