Watch List notes:

Iran - Imperial Bank of Persia 5 Tomans P13 - issued 1924 to 1932, this piece stamped on obverse across centre in black as follows from top of banknote - Arabic writing, 1st June 1925, oval seal - Arabic writing and stars with lion at centre, "PAYABLE at BUSHIRE ONLY" hence the redemption place is Bushire, serial number C/J 034506 in black at all four quadrants of the reverse, Signatures: V.L. Walter & M.Murrey, PMG 15 CHOICE FINE "Minor Repairs", and one of the earlier issued examples. Printed by Waterlow & Sons Limited, London Wall, London the banknote is in black on light green/pink underprint on obverse featuring a portrait of Shah Muzaffar ad-Din at right and green reverse with Large 5 at centre, watermark: Lion and sun.

Estimate: 500-900 GBP