World Currency
Iran Bank Melli 20 Rials ND (1932) / AH1311 Pick 20a PCGS Choice About New 58. The first, scarcest, and earliest of two portrait styles of Shah Reza with high cap from the 1932 Issue. This bright red 20 Rials piece on a multicolor underprint shows the Shah in full face and bust at the center. Holding the second highest grade of 23 in the PMG Population Report at the time of cataloging makes this a must have issue. From the Yuri Solovey Collection of Persia and the Middle East https://currency.ha.com/itm/world-currency/iran-bank-melli-20-rials-nd-1932-ah1311-pick-20a-pcgs-choice-about-new-58/a/4022-28033.s?type=CoinArchivesCurrency4022 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 960-1440 USD