Watch List notes:

(x) Imperial Bank of Persia, printers archival specimen 100 tomans, ND (1890-1923), serial number range J00001-J00500, black, red and green, Shah Nasr-an-Din at right, lion and shamshir with crown at left, perforated SPECIMEN B.W & Co,(Pick 8s, Farahbakhsh type 9s), in PMG holder 64, choice uncirculated, rare and attractive.

Estimate: £8,000 - £10,000