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Auction: 24038 - The Dr. Martin M Mortazavi Collection of Persian Banknotes
Lot: 35

(x) Bank Melli, Iran, 20 Rials, ND (1932), serial number C020931,
this banknote exhibits a bold red design. The front features an image of Reza Shah wearing a Pahlavi hat and bears the signatures of Alamar and Lindenblatt. The back of the note displays Farsi text alongside the coat of arms with the crown, sun, lion, and sword, as well as the Faravahar,
(Pick 20, BNB 103), in PMG holder 40 EPQ Extremely Fine

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

Sold for
£800

Starting price
£210