1 Rupee of Republic India (AD 1987) S. Venkitaramanan Signature – Sagar Samrat – oil rig

Republic India, (AD 1987), 1 Rupee ‘A’ Inset, Sagar Samrat – oil rig, S. Venkitaramanan Signature, About Extremely Fine as per Image.

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Step back into the late 1980s with this fascinating piece of Indian numismatic history: the 1 Rupee note issued by the Republic of India in 1987. Featuring the iconic ‘A’ inset, this note bears the distinguished signature of S. Venkitaramanan, who served as the Secretary of Finance before his notable tenure as Governor of the Reserve Bank of India. What truly sets this collectible apart is its captivating reverse design, which proudly showcases the “Sagar Samrat”—India’s pioneering offshore oil drilling rig that revolutionized the nation’s petroleum exploration. Graded in About Extremely Fine condition, the paper retains crispness and remarkable visual appeal, showing only minor, expected signs of gentle handling. Currency and paper money collectors actively seek out thematic notes like the Sagar Samrat series because they celebrate India’s industrial milestones and technological achievements. Whether you are expanding a specialized signature collection, building a comprehensive paper currency portfolio, or hunting for unique pieces of modern Indian history, this note is a splendid addition that sparks conversation and nostalgia alike.