Watch List notes:

(g) Persia, Pahlavi Dynasty, Mohammad Reza Shah (1941-79), medallic proof Half-Pahlavi, 3.97g, MS2537 (1978), bust of Empress left, rev. two heraldic beasts below a crown (KM X M51), attractive frosted relief designs, uncirculated, scarce.

Estimate: £250 - £280