Watch List notes:

IRAN, Pahlavis. Muhammad Reza Shah. AH 1360-1398 / AD 1941-1979. Proof AV 3 Pahlavi Medal (39mm, 24.77 g, 12h). One Year Anniversary of Coronation of Farah Diba Pahlavi as Shahbanu (Empress) of Iran. Tehran mint. Dated SH 1347 (AD 1968). Crowned conjoined busts of Shah and Shahbanu left; date, hallmark, and fineness (900) below / Coronation scene, with Shahbanu kneeling before standing Shah, right hands clasped . Edge: |||||. See Goldberg 120, lot 1327 (for a similar example). Some handling marks, deep mirror proof obverse. Impaired proof.