Watch List notes:

Bank Markazi Iran, specimen 200 rials, ND (1974-79), serial number 0, black, brown, green and orange, Mohammad Reza Shah Pahlavi at right, reverse, winged bulls fom Marlik at left centre, (Pick 103s, TBB B234cs), black SPECIMEN overprint, De La Rue stamps at obverse and reverse, cancellation punch holes, uncirculated, rare.

Estimate: £120 - £160