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1 rupee 1947

Asia › Maldives
P-2a1947Maldivian State TreasuryUNC
1 rupee 1947 from Maldives, P-2a (1947) — image 1
1 rupee 1947 from Maldives, P-2a (1947) — image 2

Market Prices

3 sales
Catalogue (2016)
VG$1.5
VF$7.5
UNC$25
VF$312019-02-15(15 bids)
PMG 67$215.062018-02-12(39 bids)
UNC$33.032015-11-24(14 bids)

About This Note

This is an exceptionally well-preserved example of the Maldives' first circulating currency, the 1 Rufiyaa note of 1947 (Pick P-2a), graded UNC. The note displays vibrant multi-color printing with distinctive Islamic and maritime imagery: a palm tree, traditional dhow sailing vessel, and ornate architectural dome on the obverse, paired with geometric Islamic patterns and a colonial-era administrative building on the reverse. The pristine condition with no visible wear, creases, or discoloration makes this an attractive example for collectors of early Asian currency.

Rarity

Common. The 1947 Maldivian 1 Rufiyaa (P-2a) was part of the regular issue of the nation's first circulating currency and saw significant production and circulation. eBay market data shows UNC examples sold for approximately $33 (2015), with VF specimens trading around $31 (2019), indicating robust supply in the collector market. Catalog valuations list UNC specimens at $25 (2016 pricing), further confirming this as a readily available early-date note. While historically significant as Maldives' first independent currency, it is not scarce in any grade.

Historical Context

Issued in 1947 by the Maldivian State Treasury, this note marks the Maldives' transition toward monetary independence from British colonial administration. The design elements—the palm tree and dhow reflect the nation's maritime heritage and tropical economy, while the administrative building depicted on the reverse (identified as the Customs House or later Government offices) symbolizes the emerging institutional structures of the newly autonomous state. The Islamic dome motif reinforces the nation's cultural and religious identity during this formative period.

Design

The obverse features a three-vignette design separated by green geometric panels and bordered by intricate blue and gold ornamental work. The left circular vignette depicts a solitary coconut palm tree on a tropical beach with water, representing the Maldives' island geography. The center features an ornate Islamic architectural dome or crown design in brown and reddish tones, symbolizing the nation's Islamic heritage and governance. The right vignette shows a traditional dhow (sailing vessel) with characteristic green sails on blue water, representing the maritime culture fundamental to Maldivian identity. The reverse displays a large geometric Islamic mandala or floral pattern in pink and green on the left, paired with a precisely rendered line-work illustration of a substantial colonial administrative building with multiple windows and pitched roof on the right—this is documented as the Customs House or Government offices. Green leaf motifs and decorative corner ornaments frame both sides. Serial number A365005 identifies this individual note.

Inscriptions

Front: Serial number 'A365005' in English numerals and Latin script; blue banner contains Arabic script (text not fully legible in image but likely contains issuer or denomination information). Back: Blue banner above the building contains Arabic script (content unclear from image); Arabic numerals and text visible at bottom of note (partially obscured). Full translations of Arabic inscriptions cannot be reliably provided from the image quality available, but standard practice for 1947 Maldivian notes would include the denomination (1 Rufiyaa), issuer name, and date of issue.

Printing Technique

The note exhibits characteristics of intaglio letterpress or rotogravure printing typical of mid-20th century currency production, evidenced by the fine line work, precise architectural rendering, and intricate geometric patterns. The multiple color separations (blue, green, pink, brown, orange/gold) and sharp detail suggest professional security printing. The 1947 Maldivian 1 Rupee series was produced by a London-based security printer, consistent with British colonial-era currency practices, though the specific printer for P-2a is not definitively documented in available catalogs.

Varieties

This note is cataloged as Pick P-2a, the primary variety of the 1947 1 Rufiyaa issue. The PMG population report indicates multiple varieties exist for this base Pick number (P-2a, P-2as, P-2b, P-2bs, P-2s), with variations likely due to different signature combinations, printing dates, or security features. The serial number prefix 'A' and the specific serial number A365005 place this note within the early production run. No specific distinguishing marks, overprints, or emergency issue indicators are visible in the visual analysis, confirming this as a standard P-2a variety rather than a specimen (s) or starred (*) note variant.