L -1 Urjit Patel Inset Plain Year 2016 Pink Coloured GEM UNC Condition 3 Notes Set Price

This is a rare set of 3 Indian ₹2000 denomination banknotes issued in 2016 under the Reserve Bank of India, featuring the signature of then-Governor Dr. Urjit R. Patel. Known for their distinctive pink and magenta hue, these notes were introduced during the historic demonetization period, making them a significant piece of modern Indian monetary history. This particular set carries the special “L-1” plain inset, a unique identifier prized by serious numismatists for its scarcity in top-tier condition.

Each note in this 3-piece set is graded GEM UNC (Uncirculated), meaning it displays crisp, flawless paper, original ink brightness, and sharp corners with no folds, creases, or handling marks—exactly as issued from the mint. Such pristine quality is increasingly difficult to source, as most circulated notes show wear over time.

For collectors, this set represents both historical importance and investment potential, capturing a pivotal moment in India’s currency reform era. The Urjit Patel signature series is highly sought after due to his short tenure as Governor, adding exclusivity. Perfect for banknote enthusiasts, historians, and investors looking to diversify their currency collection with a certified, high-grade rarity.