Mother Of All Contests Framework

Simple question what is the significance of this note and where can i find it in unc condition?

You have till the 17 th to answer that. Best of luck

 

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You're scaring me, Spock!

 

Quite interesting reading about these banknotes. I believe I have the answer, but really am not wanting to 'share' my answer with the world prior to the end of the round so that all in this round have a great chance at doing their own research. So am putting a PM (conversation opening) with Spock for it.

 

Deleted due to my ignorance. Sorry.

 

in case you guys cant see the date its 2012

 

Thanks spock. I can't pick out any numbers except serial# & 10.

 

that note is a 10 rupee 2012 L inset

 

The significance of the note is that it doesn't have the rupee symbol. The 2012, 10 rupee, Mahatma Gandhi series, with the signature of RBI Governor D Subbarao and inset letter 'L' were supposed to have the rupee symbol. This was stated, almost word for word, in an article I read.

As far as finding this exact note in Uncirculated. It's probably like finding a needle in a haystack. The best I could do is an Uncirculated 2012 with inset letter 'P', and no rupee symbol. However, I don't know it the inset 'P' came after the inset 'L', in which it should have the rupee symbol also.

http://www.ebay.com/itm/India-P-95-...0634700451?pt=Paper_Money&hash=item589f989aa3

GOT MY FINGERS CROSSED! LOL!

 

Bump for the rest of the players on here, and JTLYK I have sent my answers to Spock. If I have time late on the 16th I will then copy and paste my answer here for all to see.

 

Thanks for the reminder... BTW can ask about where or what he "inset" is? I have read that there are different letter insets but can't seem to find where or what it is on the note.

 

Sure, you can ask. bwa ha ha!

Or you can find out for yourself.

It's not that hard to figure out.

 

Look at the image well. If you study it you can't miss it.

 

I'm feeling really dumb... I see it now. Thanks. Now to get the right answer so I can win this thing

 

PM has been sent with my "all or nothing" stay in the contest answer. I hope I'm right but probably not.

 

ok since the other 2 took liberties and gave themselves a second chance jensenbay you also get a second chance. your answer is completely wrong. keep in mind you 3 if the other 2 get it right on the first attempt they will get more points.

 

Thank you for a second chance. I knew it was a risk.

 

I'm not finding anything new. I have found 2012 notes with the new rupee symbol and with out. I have found 2011 with the rupee symbol as well. My guess is that it's supposed to have the symbol. I have found uncirculated examples on ebay with different inset letters but have not found one with "L". The "L" run must have been short and they are uncommon. Perhaps luck will be needed to find one.

 

Here is the gist of what I pm'd to Spock for my answer (he has details). The prefix is rare on this note with the L insert, probably no further later prefixes for it, and so it is likely it was near the last rolling off the presses for this year and old design. May be the last of the old series (w/out symbol). And I sent two links for notes that are essentially very similar or close to this (meaning among the last for this type note). Hopefully this will be sufficient to get points and not lose them.

 

Starting in January 2012 the 10, 100, 500 and 1000 the symbol was incorporated to these notes. Then they added the 20 and 50 in April. The L series was only announced on July 19th so they all should have had the symbol.

As to finding some in uncirculated condition I have tried but no avail. It was not without the effort though. I even have two people that I have been in conversation with that live in india that could not find them. They both went to several banks to find them and no avail. Seems to be like this one is elusive as the cheerios dollar.

Sources of information below:
http://zeenews.india.com/business/n...s-10-rs-50-notes-with-rupee-symbol_57770.html

http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26871

http://exclusivecoins.blogspot.com/2011/12/did-you-know-series-10-ten-rupee-notes.html

http://en.wikipedia.org/wiki/Indian_Rupee_symbol

 

you guys give me a few laughs. A lot of effort. the significance of that note is that although more than 12 million (and counting) were printed they are very difficult to find for some reason. 2 points each to kasia halingood and jay. next round coming soon. maybe the 3 of you can suggest something to knock your competitors out