10 Rupees 2nd Issue

The Government of India's second issue of the 10 Rupee note came at a moment of genuine administrative tension: the currency question in colonial India was still raw from the post-WWI sterling-rupee exchange crisis, during which the British Treasury had attempted to fix the rupee at 2 shillings — a rate widely resented as artificially propping up British commercial interests at Indian expense. By 1926, that policy had quietly collapsed, but the currency apparatus remained firmly under London's operational control, De La Rue included.

Pick 7 is notably scarcer than the later 1937 issues — thirty-year-old paper from active tropical circulation rarely survives.