500 Rupees

Nepal's 500 rupee denomination has historically occupied an awkward position in daily commerce — large enough to be hoarded, small enough to circulate heavily, which means worn examples of this series vastly outnumber crisp ones in the secondary market. The 2012 issue falls within the long-running series that followed Nepal's formal abolition of the monarchy in 2008, a political rupture that forced a wholesale redesign of the currency to strip royal imagery and symbolism accumulated over decades of Shah dynasty rule.

Pick 74 carries a relatively modest security specification for its face value — watermark and thread only, without the foil patches or color-shifting ink later added to higher-denomination Nepalese notes.