Part 4 · Currency Types & Special Notes

Demonetisation — The Collector's Greatest Threat

RBI Act Section 26(2), demonetisation history, 2016 impact, exchange deadlines, and how to structure your collection to survive future demonetisation.

12 questions in this part

1 What exactly is demonetisation under Indian law? 2 How many times has India demonetised currency — full history? 3 What is RBI Act Section 26(2) and why should every collector fear it? 4 Can the Supreme Court reverse a demonetisation? The 2023 judgment explained. 5 Do collectors get any special exemption during demonetisation? 6 What happened to numismatic collections in 2016 — real scenarios? 7 Can demonetised notes ever become legal tender again? 8 What is the deadline to exchange demonetised notes — and what happens after it passes? 9 Can you exchange demonetised notes at the RBI directly? 10 How should collectors structure their collection to survive a future demonetisation? 11 Is it possible for India to demonetise coins? Has it ever happened? 12 Can collectors be exempted from demonetisation — what would a legal exemption look like?