Watch List notes:

(x) Bank Melli Iran, 100 rials, AH 1317 (1938), blue serial number J 431866, brown and pink and green, Shah Reza at right, building at centre, signatures of Khosravi and Hajir, reverse brown and pale green, steam yacht , Farsi text(Pick 36Aa, TBB B130, Farahbakhsh 56), uncirculated, scarce.

Estimate: £500 - £700