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India Banknote 500 Rupees 1987 DIM 60AED

AED 60

tarek

4.4

581 items live

Item Details

Age

Brand New

Condition

Almost no noticeable problems or flaws

Usage

Still in original packaging

Posted on: 19th January 2026

Description

India – 500 Rupees Banknote (Old Series, “Gandhi–Dandi March” Reverse)

Basic information

Country: India

Denomination: 500 Rupees

Issuer: Reserve Bank of India

Series: Mahatma Gandhi (Old Series)

Type: Legal tender at time of issue (withdrawn from circulation in 2016 demonetization)

Design details

Front (Obverse): Portrait of Mahatma Gandhi, RBI emblem, value in English & Devanagari, watermark of Gandhi, security thread.

Back (Reverse): Dandi March scene (Salt Satyagraha, 1930), symbolizing India’s freedom movement; value shown as “FIVE HUNDRED RUPEES” and in Devanagari.

Languages

English and Hindi (with additional regional languages listed in the language panel on some issues).

Security features

Watermark (Mahatma Gandhi)

Windowed security thread with inscriptions

Micro-lettering, intaglio printing, see-through register

Years of issue

Issued mainly from the late 1990s through 2015 (various signatures and minor design updates).

Status & collectability

Withdrawn: November 2016

Collector value: Depends on condition, year, and signature.

Circulated notes: modest collector interest

UNC / graded examples: higher value, especially early issues or star notes

If you’d like, I can identify the exact year and signature from the serial number and signatures visible on your note, or estimate collector value based on its condition.