Rare Rs 10 Banknotes Recovered From 1918 Shipwreck Up For Auction - See Pics!

Two rare Rs 10 banknotes--on their way from Bombay to London--recovered from a shipwreck dating back to 1918 will reportedly be auctioned off next Wednesday.?Noonans Mayfair auction house in London is set to auction off two Rs 10 banknotes during their World Banknotes sale. Here's all you need to know.

What is the auction all about?

The rare Rs 10 note with the id 51687 | Image: X

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Estimated to fetch between GBP 2,000 (Rs 2.1 lakh approx) and 2,600, (Rs 2.73 lakh, roughly) these notes were recovered from the SS Shirala, which was sunk by a German U-boat on July 2, 1918. The notes bear the date May 25, 1918.

Thomasina Smith, Worldwide Head of Numismatics at Noonans revealed: “Whole blocks of these notes, along with lots of provisions ranging from marmalade to ammunition, were on their way to Bombay from London when the boat was sunk by a German U-Boat.”?

“Many notes floated to shore, including unsigned 5 and 10 Rupees, and signed 1 Rupees – one of which also features in this auction. Most were recovered and subsequently destroyed by the authorities and new ones were printed to replace them, however very few examples remained in private hands,” she said.

What is the condition of these rare notes?

The rare Rs 10 notes with the id 51688 | Image: X

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“These are in very good condition – they must have been in the middle of a tightly bound bundle, so didn’t make contact with the sea. It’s also wonderful that they bear consecutive serial numbers,” Thomasina confirmed.

This isn't the only auction of note taking place next week.?There's also a rare Government of India Rs 100 note which will likely fetch between GBP 4,400 (Rs 4.62 lakh, roughly) and 5,000 (Rs 5.25 lakh, approximately).?It is roughly dated between 1917 and 1930, and bears a stamp from Calcutta. The other side of the notes has 100 rupees spelt out in various Indian languages.

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