Watch List notes:

(x) Imperial Bank of Persia, specimen 100 tomans, Teheran, ND (1924), red serial numbers G/B 025001-G/C 050000, blue, brown, pale orange and green, Shah Nasr-ed-Din in circular frame right centre, no signatures below, value at centre and at each corner, reverse brown and blue, Imperial arms at centre, value at centre and at left and at each corner, red serial number at each corner(Pick 17s), perforated CANCELLED, manuscript '19.10.24' in top margin, in PCGS holder 58, choice about uncirculated, attractive and very rare.

Estimate: £5,000.00 - £7,000.00