Watch List notes:

(g) Persia, Pahlavi Dynasty, Muhammad Reza Shah (1941-79), octagonal gold proof Medallion, 39.40g, MS2535 (1976), commemorating 50 years of bank of Iran, conjoined busts of Muhammed Reza Shah and his father Reza Shah, rev. Bank Melli building, with frosting on raised parts of design and mirror-like fields, uncirculated.

Estimate: £1,600 - £1,800