Got a ₹2 Note With 786 Serial Number? Know the Real Value Before You Sell

In recent days, social media platforms have been flooded with claims that an old pink ₹2 note with the serial number 786 could fetch as much as ₹6 lakh. Many videos and articles are circulating online, urging people to “check their wallets” for this rare note. But how true is this claim? Can you really sell a ₹2 note for lakhs of rupees? Let’s break down the facts, the process, and the precautions you must take before falling for such offers.

The Claim — ₹2 Note Selling for ₹6 Lakh

According to several viral posts, individuals can sell a pink ₹2 note featuring the 786 serial number for a huge profit — allegedly up to ₹6 lakh. The number 786 is considered lucky and sacred in several cultures, which has led to heightened interest in notes bearing this number.

However, before you rush to put your note up for sale, it’s important to understand that these claims are largely speculative and often misleading.

The Reality — No Official Endorsement from the RBI

The Reserve Bank of India (RBI) has not authorised or endorsed the sale or purchase of any old or rare notes for monetary profit. In fact, RBI has repeatedly clarified that currency notes are legal tender, not collectibles to be traded at inflated values.

So, while collectors and private buyers may show interest in certain notes, such transactions occur in the private market, and the RBI plays no role in setting or approving their value.

Why the ₹2 Note Became Popular

The ₹2 note was once a common sight in Indian currency but has been out of circulation for years. It is now considered a collector’s item due to its rarity.

Some versions of this note — particularly those with:

However, not every old ₹2 note holds special value. The price depends on rarity, condition, and buyer interest, not just superstition or online hype.

The 786 Serial Number — Why It’s Considered “Lucky”

The serial number 786 holds religious significance in Islam, often regarded as a representation of Bismillah (“In the name of Allah”). For this reason, notes or coins bearing the number 786 are sometimes considered auspicious and are collected or exchanged privately at higher prices.

That said, this does not guarantee that a note with 786 will automatically sell for lakhs — the value depends entirely on private buyer interest, not official market valuation.

How to Sell Old Notes — Genuine Methods

If you genuinely possess an old ₹2 note or other rare currency, you can explore legitimate online collector platforms such as:

• 
  
  Quikr



• 
  
  OLX

eBay India (Collectibles section)

IndiaMart (Currency Collectors category)

Steps to follow:

Register as a seller on a reputed platform.

Upload clear, high-resolution photos of your note (both sides).

Provide full details, including the serial number, printing year, and condition.

Wait for genuine buyers or collectors to contact you.

Avoid sharing personal or banking details until you verify the buyer’s authenticity.

Beware of Scams and Fake Offers

With rising interest in “rare note” news, several fake websites and social media accounts have started duping users under the pretext of buying old notes.

Here are a few red flags to watch for:

Remember: RBI has not authorised any platform or individual to buy or sell currency notes at premium rates.

Expert View — Collectors Speak

Numismatists say that while some old currency notes have collector value, the majority of viral claims exaggerate prices.

In genuine cases, such notes may sell for anywhere between ₹500 and ₹5,000, depending on their rarity and buyer demand — but not lakhs of rupees.

RBI’s Warning to the Public

The Reserve Bank of India has issued repeated warnings urging citizens to avoid fake websites or misleading online claims regarding rare note sales.

The RBI clearly states:

This means any such sale is entirely private and at your own risk.