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Auction: 24038 - The Dr. Martin M Mortazavi Collection of Persian Banknotes
Lot: 49

(x) Bank Melli, Iran, 20 Rials, ND (1934), serial number K130983,
the front has been printed in a vibrant red with pale yellow, blue, green and purple hues. Central to this banknote is a portrait of Reza Shah, the founder of the Pahlavi dynasty, pictured wearing a Pahlavi hat. Farsi text appears on the front of the design as well as on the back of this banknote. Additionally, the coat of arms with the crown, sun, lion and sword can be seen at the centre of this vivid red design. Signed by Abdolhossein Hajier and Reza Gholi Amir Khosravi,

(Pick 26b, BNB 109), in PMG holder 35 Choice Very Fine

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

Sold for
£240

Starting price
£110