Sell ₹10 Note for ₹6 Lakh? Here’s What You Should Know Before You Try
April 16, 2025 . Money Desk, New Delhi: If you have an old ₹10 note tucked away in your wallet or piggy bank, it might be worth more than you think—up to ₹6 lakh, as claimed on several online platforms. But before you rush to upload your currency online, it’s important to understand the real process, the demand, and the risks involved.
Why Is the ₹10 Note in Demand?
Certain old currency notes become collectible due to unique serial numbers, printing anomalies, or symbolic numbers. One such sought-after note is the ₹10 note with the serial number ‘786’, a number considered auspicious in many Muslim communities.
Key Features of the High-Value ₹10 Note:
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Serial number contains ‘786’
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Carries the picture of Mahatma Gandhi
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Is in good physical condition (clean and unmarked)
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Often part of older currency issues, not the new polymer designs
How to Sell a ₹10 Note Online
While the Reserve Bank of India (RBI) does not authorize individuals or platforms to officially buy/sell currency notes, some collectors look for rare notes through resale websites.
Here’s how you can try your luck:
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Visit OLX or Quikr These platforms allow posting of collectible listings.
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Register as a user using a valid email or mobile number.
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Take a clear photo of the front and back of the note, highlighting the serial number.
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List the note under “Antiques” or “Collectibles,” mentioning all relevant details.
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Wait for interested buyers to contact you. Negotiate and finalize the deal privately.
Note: There is no guarantee that someone will actually buy it at the quoted price of ₹6 lakh.
What You Should Be Cautious About
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Scam Alert: Several online claims of earning lakhs by selling old notes can be misleading or part of fraudulent schemes.
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No RBI Authorization: RBI has not approved the sale or resale of currency as collectibles.
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High Prices Are Rare: While it’s true that rare notes can fetch high prices among collectors, ₹6 lakh for a ₹10 note is extremely uncommon and should be treated cautiously.
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Legal Tender: Selling legal tender currency for above face value, unless as a collectible, may fall into a grey legal area.
Final Word
While the idea of making a fortune from an old ₹10 note is certainly appealing, such deals are not officially backed by any government agency or financial institution. If you do proceed, do so with caution, conduct transactions through trusted platforms, and avoid sharing personal financial information.
