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This Is How People Are Selling Old Notes For Millions!

Once demonitization hit India, it changed the world for Indians. Many were happy to see the black money go waste, while there were those who cried buckets of tears, as their currency notes became useless overnight!

Here, in this article, we are sharing details on what people are doing these days on the internet. People are selling these currency notes - which are worthless - for millions!


You May Also Like To Read: List Of Countries That Have Tried Demonetisation

Yup, you read that right! Though this sounds bizarre, there are a few who are willing to pay millions for these notes!

Check out on the logic of selling these old currency notes...


People Are Becoming Billionaires…

It is not a joke, as people are literally becoming billionaires, especially those who have notes with special numbers such as 786.


The Notes Are Auctioned On A Site...

These special notes are auctioned at the highest prices on One among the old 500 notes with special digits, such as 190 and 786, was sold at rupees 1 crore!


It Is Just Not 500s…

Notes with currency bearing 1, 10 and 100 Rs are also auctioned at the same site at exorbitant prices. So, go check your wallets and piggy banks and check for special numbers on them like 1234, 420, 786, etc., as you may sell them at higher prices than their original value.

Traditions Of India That Can Shock The World!


But What Is The Actual Catch Here?

This was all cool unless the government decided to make a rule that stated: People holding an old note of Rs. 500 and Rs. 1000 note after the ban are considered to going against the law, as this is illegal. So, doing so can attract a penalty of Rs. 10,000 or five times the currency held, whichever is higher!"

Read more about: life world india money
Story first published: Thursday, May 25, 2017, 21:53 [IST]
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