Ten Rupees Persian Gulf Issue, 1959, Signed by H. V. R. Iyengar

The Ten Rupees Persian Gulf Issue of 1959, bearing the signature of H. V. R. Iyengar, is an important and highly collectible issue of the Reserve Bank of India specially printed for circulation in the Persian Gulf region. These notes were issued for use in territories such as Kuwait, Bahrain, Qatar, Oman, and the Trucial States (now the United Arab Emirates) before the introduction of the Gulf Rupee. The note features the portrait of Ashoka Pillar Lion Capital, intricate security patterns, and multilingual denomination panels characteristic of Republic of India currency. Signed by H. V. R. Iyengar, the sixth Governor of the Reserve Bank of India, the 1959 Persian Gulf issue represents a significant chapter in India's international monetary history and trade relations with the Gulf region. Owing to its specialized circulation, historical importance, and strong collector demand, the 1959 Ten Rupees Persian Gulf Issue remains a sought-after item among collectors of Indian and Gulf currency, particularly in high grades and well-preserved condition.