Hyderabad State, 1945, 1 Rupee, Signed by Liaqat Jung, "Sarkar-e-Ali" and "EK RUPYA SICCA OSMANIA" in Urdu, R Prefix, S. No. R/4 630021, (KJ & RR # 7.2.4), exceptional paper quality, staple holes at issue, crisp, graded by PMG as 64 Choice Uncirculated EPQ, Extremely Rare in this grade.

Note: A similar banknote with the signature of C.V.S. Rao which is generally common in the series and graded by the PMG as 63 was sold on July 2020 for Rs. 80000 in our Auction # 30. Liaqat Jung banknotes are comparatively much rarer than those of C.V.S. Rao.

Estimate: INR 30000 - 40000