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News Entry# 288248
  
Dec 11 2016 (01:21)  Man sells collection of old currency notes to buy railway ticket (timesofindia.indiatimes.com)
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News Entry# 288248     
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Posted by: rdb*^  124811 news posts
Shahjahanpur: An old man in Shahjahanpur had to sell his valuable collection of old currency notes to buy railway tickets because money he had in demonetised Rs 500 notes were not accepted at the railway ticket counter and none of the ATMs nearby were working.The senior citizen had to sell his collection of old Rs 5, 10, 20 and 50 notes to buy a railway ticket for Gorakhpur. The collection included a Rs 5 note which had a rare typing error on it, 64-year-old Dhananjay Kumar said.
The Centre on Thursday curtailed the use of old and junked Rs 500 notes for purchasing tickets of railway, metro and state road transport buses till December 9, as against December 15 announced previously.
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news came as a shock for Kumar who was travelling to Gorakhpur from Shahjahanpur on Saturday. “It was an unplanned trip to Shahjahanpur which is why I didn’t get any chance to reserve the tickets. When I reached the ticket window, the official told me that Rs 500 notes are not accepted and there was no facility to book the ticket through debit card. I had to contact a local book stall owner, Adish Jain, to buy my old currency notes. He found my collection quite interesting and agreed to pay Rs 600 for all the notes,” Kumar said.
“My collection includes a Rs 5 note which has few errors in it and the shape of the note is different due to machine error. Rs 50 note printed in 1976 with the signature of governor K R Puri and an old Rs10 note possibly printed in 1960s with the signature of governor P C Bhattacharya. A Rs 20 note with the signature of Sarukkai Jagannathan. Jagannathan was the 10th governor of the Reserve Bank of India from 16 June, 1970 to 19 May, 1975,” he said.
Speaking with TOI, the book stall owner said, “I found his collection quite interesting and bought all the notes for Rs 600. He told me that he has been collecting currency for over 30 years now and he still has some old currency notes kept at home. I think I was lucky enough to buy them at such a low price.”
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