The Banknote Society
₹1 Rupee Note 1978 – Manmohan Singh Signature – Government of India Wheat Design
Per piece
Here's a genuinely notable piece for signature-collectors: a ₹1 Government of India note dated 1978, signed by Manmohan Singh in his capacity as Secretary, Ministry of Finance — decades before he would go on to serve as India's Prime Minister from 2004 to 2014. This dual significance (economic history + political history) makes Manmohan Singh-signed notes a distinct and increasingly popular sub-category within ₹1 note collecting, appealing to buyers well beyond typical numismatic circles.
The obverse carries the standard Government of India layout: the "GOVERNMENT OF INDIA" banner, the Ashoka Pillar (Lion Capital) emblem in a circular medallion inscribed "INDIA," the denomination in numeral and Hindi ("एक रुपया / ONE RUPEE"), and Manmohan Singh's signature beneath "SECRETARY, MINISTRY OF FINANCE." The reverse shows the 1 Rupee coin motif dated 1978, set within a wreath of wheat stalks — the classic design used consistently across ₹1 notes of this period.
The note carries the serial number 70A 986801, and shows honest signs of circulation and age consistent with a note approaching five decades old, including a small pencil annotation ("38") likely added by a previous collector or dealer for inventory tracking.
Why this note is significant:
Who this note is for
A strong pick for collectors building a signature-series set of ₹1 notes, those interested in notes connected to prominent figures in Indian economic history, or anyone assembling a chronological Government of India ₹1 collection by year and signatory.