Watch List notes:

IRAN, Pahlavis. Muhammad Reza Shah. AH 1360-1398 / AD 1941-1979. AV 5 Pahlavi Medallion (37mm, 38.29 g, 12h). 2500th Anniversary of the Persian Monarchy. Tehran mint. Dated SH 1350 (AD 1971). Head left / Cyrus Cylinder. See Künker 269, lot 6628 (for another example). Superb EF, lustrous, a few light hairlines and bag marks.

From the collection of Dr. Lawrence A. Adams, purchased from Michael Peykar, March 1988.