Reddit user learns old Rs 500 note has no collector value

A Reddit user shared a picture of an old Rs 500 note found in his father's trunk, believing it might have collector value. However, the note is actually from the 1990s, not the 1970s as he thought. Community members quickly corrected him, noting the note's governor signature dates it to between 1992 and 1997. They explained that Rs 500 notes were first issued in 1987. Due to its damaged condition, many users advised exchanging the note at a bank, as it holds no collector value. The consensus is that it is worth only its face value of Rs 500.