100 rupee

Sell Your Old ₹100 Note for ₹5 Lakh? Here’s the Truth Behind the Viral Claim

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100 rupee
New Delhi – A viral trend has been making rounds on the internet claiming that an old ₹100 note featuring the number “786” could fetch you up to ₹5 lakh if sold online. With platforms like Quikr and OLX seeing a spike in such listings, collectors and curious citizens are asking: is it real, and can you truly make a fortune from an old currency note?

Here’s what you need to know before jumping into this unexpected money-making opportunity.

Why Is the 786 Serial Number Considered Special?

The number 786 holds significant cultural and religious value, especially in the Muslim community, where it is considered auspicious and a symbolic representation of “Bismillah.” As a result, currency notes bearing the number “786” on their serial line are often in high demand among collectors, not just in India but also in parts of the Middle East and Southeast Asia.

This perceived rarity is the main reason some ₹100 notes with this serial number are being listed at exorbitant prices—sometimes even up to ₹5 lakh per note.

Conditions for Selling Your ₹100 Note for High Value

Not every ₹100 note will attract big money. To potentially earn a significant amount, the note typically needs to meet the following criteria:

  • Serial number must include 786 (e.g., 786123, 000786)

  • Mahatma Gandhi’s image must be present (as in most modern notes)

  • The note should ideally be in good, clean condition

  • Rarity, age, and historical printing patterns can increase value

If you own one or more such notes, and they are well preserved, you could be in luck—especially if a collector is actively seeking that particular combination.

Where and How to Sell Rare Currency Notes

Although no official government body or bank facilitates such trades, several online platforms like Quikr, OLX, and eBay allow users to list and sell collectibles:

  1. Visit Quikr.com and create a seller account

  2. Click clear, high-resolution photos of the note

  3. Upload the image along with a detailed description (mention the serial number and condition)

  4. Interested buyers may contact you directly through the platform

Always keep in mind to set realistic expectations and ensure proper communication when dealing with prospective buyers.

A Word of Caution: No RBI-Backed Sales

The Reserve Bank of India (RBI) does not authorize the buying or selling of currency notes for profit through any platform. These high-value exchanges occur solely within the collector’s market, which is unregulated and driven by personal interest, rarity, and cultural value.

Be Aware of Online Scams

While some genuine collectors do pay handsomely for rare notes, fraudulent listings and scams are common in the online collector space. Always verify the buyer’s credentials and never share sensitive financial information. Avoid upfront fees or payments that seem suspicious.

Conclusion

If you happen to own a ₹100 note with the “786” serial number and in good condition, you might indeed find a collector willing to pay a high price for it. However, this is not a guaranteed method to earn money and should be approached with caution. Whether you’re testing your luck or genuinely exploring note collection as a hobby, make sure you stay informed and vigilant.

Author Profile

Kuldeep Singh Chundawat
Kuldeep Singh Chundawat
My name is Kuldeep Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.