Watch List notes:

German treasury for use in Iran during World War I, 12 Qiran (kran) 10 shahi red Farsi overprint on 5 marks, ND (1916-1917), serial number 5653074, blue, Germania and child at left, reverse blue, red Farsi overprint, (Pick M1, Rosenberg 486, German Pick 8a), about very fine, rare.

Estimate: £300 - £600