Did you know that banknotes could be worth more than 1000 times their face value? Banknotes become more valuable due to historical context, for setting records or for sheer rarity. From banknotes issued in 1948 and afterwards in Pakistan, you would be surprised at how much certain notes manage to sell at auction.
The rarest and most celebrated of all Pakistan banknotes was never going to come cheap. But the famous 1950 Rs. 100 Hajj Regular Banknote exceeded all expectations when it fetched a staggering $76,700 (around Rs. 8,053,500/-) at an auction in 2015. In today's money it is equal to around Rs. 13,836,680/-
In the same year the specimen of the same banknote fetched $65,232 (around Rs. 6,849,360/-) at an auction. In today's money it is equal to around Rs. 11,767,853/-