Demonetisation: Rs 2,000 Notes for Sale in eBay India

It might sound ridiculous but the newly distributed Rs 2,000 notes by the Indian Government are being sold on eBay India at a hefty premium.

Well, if it could be described as a hilarious act or something else, the effect of demonetisation might have led some people to put on their smart pants and try out new ventures to benefit from such a crucial state that India is in right now.

Demonetisation: Rs 2,000 Notes for Sale in eBay India

However, in a bizarre online situation on Wednesday, the newly distributed Rs 2,000 notes by the Indian Government were being sold on eBay India at a hefty premium.

SEE ALSO: Demonetisation: Now Google India adds 'Find an ATM Near You' Tool

The price quoted for the note was from Rs 3,500 which could be paid for by a credit card or by transferring the amount through an online gateway.

Demonetisation: Rs 2,000 Notes for Sale in eBay India

As the offer may look enticing, you may even want to forget the long ATM queues and you might just go online to get your hands on a crisp Rs 2,000 note.

On the contrary, a person with superstitious beliefs might need to dole out much more for notes whose serial numbers have religious significance.

In one instance, a series of five Rs 2,000 notes starting with the number 786, were being offered by a seller on the marketplace for Rs 1.51 lakh.

SEE ALSO:This App is Helping People find Working ATM Machines and Cash

Demonetisation: Rs 2,000 Notes for Sale in eBay India

As such, in India people have a deeper inclination towards their religious belief. They are even ready to pay a premium for goods that sport numbers with religious significance such as vehicle number plates, mobile numbers or even residential addresses.

Demonetisation: Rs 2,000 Notes for Sale in eBay India

As the story came into light, TOI reached out to eBay India to enquire about the listing of the currency. A spokesperson for the US-based e-commerce company justified that, as an independent online marketplace and an intermediary, it does not exercise control on items listed by independent sellers on the site.

It was also made clear that no successful transaction for Rs 2,000 currency notes were conducted.
Besides, after the TOI inquiry, the spokesperson said that the company will disable access to the notified listings to avoid any sort of legal hassle.

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