Watch List notes:

(x) Imperial Bank of Persia, specimen 10 Tomans, 1890 - 1923, E/C 00000, black on pink and green underprint with portrait of Nasr-ed-Din at right and lion at left, values to corners and reverse black-grey ornamental guilloche with lion at centre, text PAYABLE AT TEHERAN ONLY top-centre, numbers E/C15001 and E/C25000 to lower-left and upper-right respectively,(Pick 4s), in PCGS holder 66 PPQ Gem New, Perforated Cancelled.

Estimate: £4,000 - £5,000