Since the 1 rupee note is not in circulation and is a rare collector's item, you may need to offer something valuable in exchange, and it will ultimately depend on the receiver to accept or reject it. Its value is primarily emotional.

The dollar note I received was given to me by someone who was Pakistani and had married an American lady. According to him and the person who exchanged it with me, it was considered lucky. However, for me, the 1 rupee note held much more value because of the sentimental attachment I had to the giver. Emotional values are subjective and personal.