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Auction: 24038 - The Dr. Martin M Mortazavi Collection of Persian Banknotes
Lot: 73

(x) Bank Melli, Iran, Specimen 500 Rials, ND (1938) / AH1317, serial number A/000000 18,
the front of the banknote features blue and pink colours, Farsi text, and an image of an Achaemenid soldier with a beard and staff, symbolising national pride and historical significance. Central to the front of the banknote is the coat of arms with a crown, sun, lion, and sword. Additionally on the right of the banknote a portrait of Reza Shah, the founder of the Pahlavi dynasty is displayed. The back of the banknote showcases a blue design with Farsi text and also depicts the Tomb of Cyrus the Great in Pasargadae. Cyrus the Great founded the Achaemenid Empire around 550 BCE. The inclusion of the Tomb of Cyrus the Great in Pasargadae evokes ideas of the legacy of early civilization and serves as a powerful symbol of national pride and historical continuity. The banknote is stamped in violet with ANNULLIERT SCHWEIZ BANKVEREIN BASEL and has a watermark of Reza Shah. This banknote is signed by Abdolhossein Hajier and Reza Gholi Amir Khosravi,

(Pick 37s, BNB 131 for the type), in PMG holder 53 NET About Uncirculated, printer´s annotations, previously mounted, ink stamp, only 8 notes in higher grades on PMG Census

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

Sold for
£1,300

Starting price
£280