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  • ₹1 Rupee Note Bundle – Government of India 1986 – Offshore Oil Rig Reverse Design
  • ₹1 Rupee Note Bundle – Government of India 1986 – Offshore Oil Rig Reverse Design
  • ₹1 Rupee Note Bundle – Government of India 1986 – Offshore Oil Rig Reverse Design

₹1 Rupee Note Bundle – Government of India 1986 – Offshore Oil Rig Reverse Design

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Product details

This listing offers a bundle of ₹1 Government of India notes, dated 1986, issued directly by the Government of India (not the Reserve Bank of India) and signed by S. Venkitaramanan, Finance Secretary, Ministry of Finance. The ₹1 note holds a unique place in Indian numismatics as the only denomination issued as a rupee coin-equivalent note by the Government of India itself, rather than the RBI, making it a distinct and consistently popular category for collectors.

 

The obverse features the Ashoka Pillar emblem (Lion Capital) with "सत्यमेव जयते" beneath it, the "GOVERNMENT OF INDIA" header, and the denomination in Hindi ("एक रुपया") alongside the Finance Secretary's signature and title. The reverse displays the notable 1 Rupee coin motif at top-left, dated 1986, framed by wheat stalks symbolizing agricultural prosperity, alongside an illustration of an offshore oil drilling rig — a design chosen to commemorate India's growing offshore petroleum exploration industry during the 1980s. This oil rig motif is one of the more distinctive and collector-recognized reverse designs among ₹1 notes of this era.

 

The notes in this bundle carry the serial number 75G 376701, printed in black, and the bundle is presented in its original wrapped format, preserving the notes as issued and packed.

 

Why this bundle matters to collectors and dealers:

  • 1986-dated issue — a specific, datable year within the ₹1 Government of India series, appealing to date-run and year-set collectors
  • Offshore oil rig reverse design — a distinctive motif tied to India's petroleum exploration history, less commonly seen than the more generic wheat-only designs of earlier ₹1 notes
  • Government of India issue — a numismatically distinct category from RBI-issued notes, since the ₹1 note is legally a coin represented in note form, signed by the Finance Secretary rather than an RBI Governor
  • Bundle format offers efficient acquisition of multiple notes from the same series, date, and serial range in a single purchase — ideal for dealers building inventory or collectors completing a denomination set
  • Increasing scarcity — as older ₹1 note bundles are broken up and dispersed into individual sales, intact original bundles are becoming harder to find

 

Who this bundle is for

 

Ideal for collectors building a complete ₹1 Government of India note collection by year and design variety, those specifically collecting the oil rig reverse motif, dealers seeking verified bulk stock, or anyone documenting India's economic and industrial history through its currency.


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