Watch List notes:

(x) Imperial Bank of Persia, 5 tomans, Kerman, 20 March 1918, serial number R/A 070729, black, pink and green, Shah Nasr-ed-Din at right, Imperial arms at left, value at each corner, oval handstamp low centre, handstamp 'PAYABLE AT KERMAN ONLY' low margin, two printed signatures low centre, reverse brown, Imperial arms at centre, value at centre and at each corner, serial number low left and top right and at centre(Pick 3), repairs, in PCGS holder 12, fine, very rare.

Estimate: £1,000.00 - £1,200.00