Watch List notes:

(x) Imperial Bank of Persia, 1 toman, Bunder-Abbas, 31 August 1925, serial number A/U 049244, black, pink and green, Shah Muzzafar-al-Din at top left, value low left and right and at each corner, oval handstamp low centre, handstamp 'PAYABLE AT BUNDER-ABBAS ONLY' in centre low margin, two printed signatures low centre, reverse pink and green, value at centre and at each corner, serial number at each corner(Pick 11), a pleasing and fresh example, in PCGS holder 25, very fine and rare.

Estimate: £1,000.00 - £1,500.00