Watch List notes:

IRAN: 50 Rials (ND 1969-71) in green on orange and blue unpt with ornate design at center and portrait of Shah Pahlavi (type VII) in army uniform at right. S/N: "122/374451". WMK: Young Shah Pahlavi. Signature #11. Printed by H&S (without imprint). Inside holder by PMG "Gem Uncirculated 66 - EPQ". (Pick 85a).