Watch List notes:

The Imperial Bank of Persia, obverse (2) and reverse (1) archival photographs showing designs for 1 toman, 1923. These designs date from 1923, when the previous issue of 1890 required replacing. The Persian symbol of a lion holding a curved sword (Shamshir) can be seen on the right, and a portrait of Mozaffar al-Din Shah is on the left of the first example. He ruled from 1853 until 1907, and was the grandfather of the contemporary Shah in 1923. In the event, a portrait of Naser al-Din Shah was used, as on the previous issue. Effectively no element of either of these designs were used on the note actually issued the following year, although they are stylistically very similar. Most interestingly, the 1 Toman was actually printed by Waterlow and Son, not Bradbury Wilkinson, who produced this design,faded spots, but a very clear image (3).

Estimate: £600.00 - £800.00