Watch List notes:

(x) Bank Melli Iran, uncut sheet of specimen 20 rials, 1932, two notes serial numbers 00000, red, Reza Shah at centre and imperial lion with sabre at reverse, twice holepunched to the lower part of each note, 'SPECIMEN' overprinted in blue on each note,, (Pick 20 and TBB B103as for type), a rare note in any form and especially so thus . This lot is subject to import restrictions into certain countries. Please enquire with us before buying..

Estimate: £1,600 - £1,700