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New Rs 2,000 notes for sale on eBay

When eBay India was asked about the listing of these notes on its platform, a spokesperson for the US-based e-commerce company said as an independent online marketplace and an intermediary, it does not exercise control on items listed by independent sellers on the site.

While people are thronging ATMs and banks to withdraw money or to exchange their old Rs 500 and Rs 1000 notes, there seems to be an easy way to get your hands on new Rs 2,000 notes as e-commerce website eBay is selling these notes at a hefty premium, starting from Rs 3,500 (paid by credit card or online transfer).

If you are superstitious, you need to cough up much more for notes whose serial numbers have religious connotations. For 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, reported Times of India.
When eBay India was asked about the listing of these notes on its platform, a spokesperson for the US-based e-commerce company said as an independent online marketplace and an intermediary, it does not exercise control on items listed by independent sellers on the site.
“There has been no successful transaction for Rs 2,000 currency notes,” the spokesperson said. The company later disabling access to the notified listings to avoid any sort of legal hassle.
In July last year, Madhya Pradesh High Court had issued notices to many online marketplaces including eBay India for the alleged online trading of Indian currency carrying ‘unique’ numbers.
In another incident in October last year, it was reported that one-rupee denominated currency note was placed for bidding with a floor price of Rs 1 lakh. A customer from Jaipur, Rajasthan, had listed a used 1971-dated one-rupee note, which was open for bidding on eBay.
After Prime Minister Narendra Modi announced the demonetisation move on November 8, Rs 20 notes were being sold on eBay for around Rs 900 for three notes, Rs 50 notes bearing the number ‘786’ were being offered at Rs 5,000 a piece.
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