1 Rupee of Republic India (AD 1986) S. Venkitaramanan Signature – Sagar Samrat – oil rig

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This exceptional 1986 Republic India 1 Rupee note features the iconic S. Venkitaramanan signature and commemorates the Sagar Samrat oil rig—a landmark achievement in India’s offshore petroleum exploration. Graded in Extremely Fine condition, this currency specimen showcases India’s industrial progress during the mid-1980s. The ‘A’ inset designation adds numismatic specificity, making it a targeted acquisition for serious collectors of Indian currency and economic history. Despite minor brown stains consistent with age, the note retains sharp detail and excellent visual appeal. This particular piece captures a significant moment in India’s developmental narrative, when the nation was expanding its energy independence through ambitious deep-water drilling projects. Collectors value this denomination for its historical significance, limited circulation lifespan, and the prestige of acquiring notes bearing important governor signatures. Ideal for Indian numismatists, vintage currency enthusiasts, and those building thematic collections focused on India’s industrial heritage.