Watch List notes:

Iran, Mohammad Reza Pahlavi, proof gold medal, Golden Jubilee of the National Bank of Iran, MS.2535 (1976), conjoined busts l., of the Shah and his father, within a beaded border, rev. façade of the central bank building, Tehran, legend below, 42mm., wt. 39.83gms., stamped 900 fine, in brown leather case of issue with gilt decoration on lid, about mint state

Estimate: £800-900