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

Posted on 9/21/2021

In honor of World Rhino Day on September 22, we take a closer look at a Nepalese note that depicts one of the country's greatest treasures.

Nepal, Rastra Bank ND (2008) 100 Rupees graded PMG 66 Gem Uncirculated EPQ
Click images to enlarge.

Country: Nepal

Catalog Number: Pick# 64 (Standard Catalog of World Paper Money)

Date: ND (2008)

Denomination: 100 Rupees

Varieties: PMG has graded the different signature combinations (64a and 64b) and Specimens (64s) of this note.

What makes it special? World Rhino Day on September 22 is an opportunity to call attention to the five species of rhinoceros, which range from near threatened to critically endangered. The species that lives in Nepal is the Indian one-horned rhinoceros (Rhinoceros unicornis), which is revered by Nepal’s native Tharu people, who consider the animal to be spiritually important and a source of national pride.

Did you know? The Nepalese government has printed an image of a rhinoceros on its 100 Rupee for decades, and it can also be found on Pick#s 15, 26, 34, 49, 57, 73 and 80. Accordingly, Nepalese citizens use the term “rhino” as slang for a 100 Rupee note. In 2015, the Nepalese government changed the picture on the back of the 100 Rupees to that of a mother and a baby rhino to represent success in increasing the rhino population.

Total graded by PMG: PMG has graded a total of 17 100 Rupees notes: 2 of Pick# 64a; 11 of Pick# 64b; and 4 of Pick# 64s.

PMG median grade: PMG 65 Gem Uncirculated EPQ for regular notes; the four Specimens are evenly split between PMG 66 Gem Uncirculated and PMG 67 Superb Gem Uncirculated EPQ.

PMG highest graded: There is 1 example of Pick# 64a in PMG 66 Gem Uncirculated EPQ; 1 example of Pick# 64b in PMG 67 Superb Gem Uncirculated EPQ; and 2 examples of Pick# 64s in PMG 67 Superb Gem Uncirculated EPQ.

Sales highlights: A high-grade example of Pick# 64 can be purchased for well under $100.

PMG Registry: Pick# 64 is part of this competitive set: Nepal Complete, 1951-Date, P1-Date. But none of the 9 competing sets have it yet. You could be the first!

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