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Heritage World Coin Auctions
Long Beach Signature Currency Sale 3558  7-8 Sep 2017
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Lot 28270

Estimate: 4000 USD
Price realized: 3400 USD
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World Currency
Iran Bank Melli 50 Rials 1932 (AH 1311) Pick 21. Quite simply, the finest graded example of this catalog number. These notes printed by the American Bank Note Company feature Reza Shah, the first Shah of the Pahlavi Dynasty. The high denomination was not expected to be kept and, thus, must have been preserved by an astute collector who had the funds. With most examples that have appeared in the market being Fine or Very Fine specimens, this Gem issued example is certain to pique the interest of any collector. PMG Gem Uncirculated 65 EPQ. From The Minot Collection HID08701242017

Estimate: 4000-6000 USD
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