The trend of selling old and rare currency notes online has grown rapidly in recent years. Social media and online marketplaces are filled with claims that certain ₹100 notes can fetch lakhs of rupees—sometimes even touching ₹12 lakh. If you have old currency notes stored safely at home, you may wonder whether they hold any real value or if these claims are just hype.

While some collectors do pay high prices for rare or unique notes, it is equally important to understand the facts, risks, and legal position before getting carried away. Here’s a clear, detailed explanation of what makes a ₹100 note “special,” how people attempt to sell it online, and what you should be careful about.

Why Are Old Currency Notes in Demand?

The market for old coins and notes is driven largely by private collectors, not by banks or the government. Certain numbers, symbols, or designs are considered lucky or rare, which increases their demand among niche buyers.

However, lack of proper information often leads people to fall victim to online frauds or unrealistic expectations. Knowing exactly what buyers look for can help you avoid confusion and false promises.

What Makes a ₹100 Note Valuable?

According to online listings and collector discussions, a ₹100 note may attract high prices only if it meets specific conditions. The most talked-about feature is the “786” serial number.

Key characteristics buyers usually look for:

• The serial number must clearly include 786
• The note should feature Mahatma Gandhi or the Ashoka Pillar symbol
• The note should be in good condition, with minimal damage

The number 786 is considered auspicious by many people and is associated with prosperity and peace. Because of this belief, collectors are sometimes willing to pay a premium price for such notes.

Can a Single ₹100 Note Really Be Worth Lakhs?

Some online sellers claim that a single special ₹100 note can sell for up to ₹4 lakh. Based on this assumption, owning three such notes could theoretically bring in ₹12 lakh.

However, it is important to understand that:

• These prices are not officially verified
• Actual selling price depends entirely on finding a willing buyer
• Many listings never result in a successful transaction

There is no guaranteed value for such notes, and prices can vary widely.

How Do People Sell These Notes Online?

Sellers usually list such notes on online classified platforms. One commonly mentioned platform is Quikr.

Typical selling process:

1. Register as a seller on the platform
2. Upload clear photos of both sides of the ₹100 note
3. Write an honest description mentioning the serial number
4. Interested buyers contact you directly
5. Price and payment method are negotiated privately

No platform guarantees that your note will be sold or that you will receive the price you expect.

Major Risks You Must Know

While these listings may look tempting, they come with serious risks:

• High chances of online scams
• Fake buyers asking for advance fees or personal details
• No legal protection if payment disputes arise

Most importantly, the Reserve Bank of India (RBI) does not officially recognise or authorise the buying and selling of currency notes as collectibles for profit.

This means:

• Such transactions are not regulated
• Buyers and sellers act at their own risk
• Legal protection is limited

What Should You Do Before Selling?

If you’re considering selling an old ₹100 note:

• Do thorough research
• Never share Aadhaar, PAN, or bank OTPs
• Avoid buyers who promise instant huge payments
• Use platforms carefully and keep communication transparent

Final Takeaway

Yes, some old ₹100 notes with special serial numbers like 786 may attract collector interest—but claims of guaranteed earnings in lakhs should be viewed with extreme caution. These prices depend entirely on private buyers, not official valuation.

Think of this as a chance-based opportunity, not a sure-shot way to become rich overnight.

Disclaimer

Claims about selling ₹100 notes for lakhs frequently circulate on social media. Online transactions carry a high risk of fraud. RBI does not legally endorse the trading of currency notes for profit. Always verify details independently and proceed with caution before sharing personal information or entering any deal.