Watch List notes:

IRAN: 100 Rials (ND 1974-79) in maroon on orange, green and multicolor unpt with Shah Pahlavi (eighth portrait) in army uniform at right. S/N: "1/ 178104". WMK: Young Shah Pahlavi. Yellow security thread and signature #15. Printed by TDLR (without imprint). Inside holder by PMG "Choice Uncirculated 64". (Pick 102a).