Watch List notes:

IRAN: Mohammad Reza Pahlavi, 1941-1979, AV medalet (4.95g), MS2535 (1976), cf. St. James Sale 34, Lots 429-432, 0.1432 AGW, Golden Jubilee of the National Bank of Iran, 0.900 fine, conjoined busts left of the Shah and his father (Reza Shah) with border of dots // Bank Melli facade with arms above, fineness stamp at lower left, BANK MELLI at lower right, date at lower center, and Arabic text at bottom, cameo devices, reeded edge, Choice Proof.

Estimate: 200-250 USD