Watch List notes:

(x) Imperial Bank of Persia, 1 toman, Teheran, 27 September 1922, black serial number O/D 068651, black, pink and green, Shah Nasr-ed-Din at right, Imperial arms at left, value at each corner, oval handstamp low centre, black handstamp 'PAYABLE AT TEHERAN ONLY' in low margin, two printed signatures low centre, reverse green, Imperial arms at centre, value at centre and at each corner, black serial number low left and top right and at centre(Pick 1b), a wonderful original, in PCGS holder 40, extremely fine, rare in this condition.

Estimate: £800.00 - £1,000.00