Old Currency Notes? Here’s How They Could Hold Hidden Value

Quick Summary

• old currency notes and coins with the number “786” stamped on them are being sold online for prices ranging from INR 3 to 4 lakh.
• The number “786” is considered auspicious in Islam and Hinduism, driving its demand in auctions hosted on platforms like OLX, Quikr, and eBay.
• Sellers must register on these platforms, upload clear images of their items, and advertise to attract buyers.
• In Islam, the number represents the numerical value of “Bismillah al-Rahman al-Rahim,” while in Hinduism it symbolizes “Trimurti” (Brahma, Vishnu, mahesh).
• The Reserve Bank of India has issued warnings about fraud in such transactions; RBI does not endorse or authorize individuals or institutions for dealing with old notes/coins.

Indian Opinion Analysis
The popularity of old currency notes bearing auspicious symbols highlights a new trend intertwining cultural beliefs with financial opportunities. While it reflects how tradition plays a role even in market demand, these transactions must be approached cautiously given the risks highlighted by RBI regarding fraudulent activities. This growing interest also emphasizes India’s vibrant cultural diversity where numerological meaning crosses religious lines to become a shared motif among communities. Making safe transaction protocols widely known could mitigate risks as this niche market expands further online.

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