PMG's Featured Note of the Month: Pakistan 100 Rupees

Posted on 12/19/2023

December 25 is a national holiday in Pakistan, celebrating the birth of its founder, Muhammad Ali Jinnah.

Pakistan, State Bank 2012 100 Rupees graded PMG 68 Superb Gem Uncirculated EPQ
Click images to enlarge.

Country: Pakistan

Catalog Number: 48g

Date: 2012

Denomination: 100 Rupees

Varieties: The PMG Population Report records 15 issued varieties (Pick# 48a through 48o, covering 2006 through 2020), as well as a wide variety of Specimens.

What makes it special? The front of the banknote shows Muhammad Ali Jinnah, who is regarded as the founder of Pakistan. He was born on December 25, 1876, and the anniversary of his birth is a national holiday in Pakistan. Jinnah pressed for British India to be divided into India and Pakistan, and he served as Pakistan's first governor-general from its independence in August 1947 until his death just over a year later. Shown on the back of this note is the Quaid e Azam Residency in Ziarat, Pakistan, where Jinnah spent some of the last weeks of his life as he battled tuberculosis.

Did you know? Rupee is the name of the currencies used in Pakistan, India, Nepal, Sri Lanka, Seychelles and Mauritius (an island country near Madagascar). The name of the rupee comes from a Sanskrit word meaning a silver coin. These coins were struck more than 2,300 years ago in ancient India, one of the first places in the world to adopt coinage. The Indonesian Rupiah used today comes from the same root word.

Total graded by PMG: As of mid-December 2023, the PMG Population Report includes 68 issued examples of Pick# 48, including 10 examples of 48g. PMG has also graded a total of 36 Specimens.

PMG median grade: PMG 66 Gem Uncirculated EPQ

PMG highest graded: The PMG Population Report lists one example of Pick# 48j in PMG 69 Superb Gem Uncirculated EPQ.

Sales highlights: An example of Pick# 48j graded PMG 67 Superb Gem Uncirculated EPQ sold for $18 through eBay in November 2023.

PMG Registry: This note is part of several Pakistan categories, including the Pakistan, 1948-Date, Type Set, Issued Notes, where a Pick# 48g graded PMG 67 Superb Gem Uncirculated EPQ appears in Atul Kumar Singh's PAK Paper Trail. This set is in second place among the 17 competing sets there, as of mid-December 2023.

Previous Notes of the Month:

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