Watch List notes:

IRAN: Muzaffar al-Din Shah, 1896-1907, AR 5 krans, Tehran, ND, Rabino pl. 69, medallic issue, portrait of sultan slightly left, laurel wreaths either side // drum, artillery, flag, bugle, swords and other weaponry with laurel wreath at center, lovely toning, AU, RRR.

Estimate: 1,500-2,000 USD