Stack's Bowers & Ponterio
January 2018 NYINC Auction 11-13 Jan 2018
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IRAN. Imperial Bank of Persia. 5 Tomans, 1890-1923. P-3. PMG Very Fine 25 Net. Without Payable Location Ovpt. Repaired.
A scarce offering as this is free of a Payable location overprint, which is not often seen in these first issue pieces. In terms of rarity, the PMG population report that shows only two pieces, both in this grade, speaks for itself. The repairs mentioned by PMG in the comments section are along the heavily folded areas of the note. A very rare 5 Tomans piece. PMG Very Fine 25 Net. Without Payable Location Ovpt. Repaired.
Estimate: $6000.00- $7000.00
A scarce offering as this is free of a Payable location overprint, which is not often seen in these first issue pieces. In terms of rarity, the PMG population report that shows only two pieces, both in this grade, speaks for itself. The repairs mentioned by PMG in the comments section are along the heavily folded areas of the note. A very rare 5 Tomans piece. PMG Very Fine 25 Net. Without Payable Location Ovpt. Repaired.
Estimate: $6000.00- $7000.00