Watch List notes:

(x) Bank Melli Iran, 10 Rials AH 1311(1932), serial number A 967521, brown on multicolour underprint, Shah Reza at right, reverse seal at centre, also 20 Rials AH 1316(1937), serial number 579771 in perisan numerals, Shah Reza at right, ruins lower centre below seal, reverse hillside with bridges, purple stamp at centre (date illegible),, (Pick 19a, 34a), both Very Fine (2) ''This lot is subject to import restrictions into certain countries. Please enquire with us before buying".

Estimate: £100 - £120