IRAN. Bank Melli Iran. 500 Rials, ND (1932-34). P-23. PMG Very Fine 25.
Just seven examples of this catalog number have been graded by PMG at the time of cataloging, and this Very Fine example is sure to please. This note is the highest denomination for the first Bank Melli Iran series. Depicted at left is Shah Reza Pahlavi, and Mount Demavand is depicted at right. PMG comments "Repaired." PMG Pop 2/1 Finer.
From the Ricardo Collection.
Estimate: $2000 - $3000