Watch List notes:

Imperial Bank of Persia, 1 toman, Muhammereh, 11 December 1924, serial number A/W 090904 black, pink and green, Shah Muzzafar-al-Din at top left, value low left and right and at each corner, oval handstamp low centre, handstamp 'PAYABLE AT MOHAMMERAH ONLY' in centre low margin, two printed signatures low centre, reverse pink and green, value at centre and at each corner, serial number at each corner(Pick 11, Farahbakhsh type 12), very small hole at centre otherwise a presentable fine, rare.

Estimate: £700 - £900