Watch List notes:

IRAN: 200 Rials (ND 1951) in dark green and light yellow with Shah Pahlavi (second portait) in army uniform at right. S/N: "22/ 92221". WMK: Young Shah Mohammad Reza Pahlavi. Printed by H&S (without imprint). Inside holder by ICG "Uncirculated 63". (Pick 51).