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Auction: 24038 - The Dr. Martin M Mortazavi Collection of Persian Banknotes
Lot: 34

(x) Bank Melli, Iran, Specimen uncut pair 20 Rials, ND (1932 / AH1311), serial number 00000,
the pair showcases a bold red design with yellow, green, blue and purple notes. On the front, Farsi text and decorative guilloches are noticeable. Central to each of these banknotes is a circular portrait of Reza Shah, the founder of the Pahlavi dynasty and the Shah of Iran from 1925 and 1941. Reza Shah is depicted wearing a Pahlavi hat. On the front of this pair signatures of Ali Alamar and Kurt Lindenblatt, along with two specimen stamps on each note. The back displays a red design and once again Farsi text and detailed guilloches, as well as the coat of arms with the crown, sun, lion and sword. Hole punched,
(Pick 20as, BNB 103 for the type), in PMG holder 64 Choice Uncirculated, only 1 note in higher grade on PMG Census

Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.

Sold for
£2,800

Starting price
£1000