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1 Paisa

Issuer Rajkot State
Year 1940-1945
Type Local banknote
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Obverse lettering જનરલ સ્ટેટ્પ
ઠાકર સાહેબ શ્રી
વાંકાનેર ડારેટ
બ્ પઇસા
Reverse description Unprinted buff paper reverse, exhibiting the natural texture of the period stock with age-related foxing and toning consistent with early twentieth-century Indian princely state emergency currency issues.
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Rajkot was a small princely state in Kathiawar, Gujarat, under British paramountcy — not an independent monetary authority in any real sense. Its wartime paper paisa issues were local necessity tokens, filling a gap in small-denomination coinage that the broader British Indian supply chain couldn't reliably satisfy during the early 1940s. Dozens of Kathiawar states resorted to similar measures, making individual attribution sometimes tricky when notes lack clear serial sequences or issuing officer signatures.

Survival rate for these fractional paper issues is poor — they were essentially spent into oblivion and rarely treated as worth keeping.