Watch List notes:

(x) Bank Melli Iran, a partial specimen set of the ND (1933-34, AH1312-13) issue, comprising 5 rials, green, 10 rials, brown, 20 rials (2), red, 50 rials, olive green, all with Shah Reza in military uniform on obverse, arms on obverse, hold punched, SPECIMEN overprint(TBB B107-110, Pick 24s-27s), uncirculated (5).

Estimate: £800 - £1,200