World Currency
Iran Bank Melli 20 Rials ND (1932) / AH1311 Pick 20a PCGS Choice About New 58. The first, scarcest, and earliest of two portrait styles of Shah Reza wearing a high cap, this example is from the 1932 Issue. This bright red 20 Rials piece on a multicolor underprint shows the Shah in full face and bust at the center. High grade, very few examples of this Pick number have survived in Uncirculated condition. https://currency.ha.com/itm/world-currency/iran-bank-melli-20-rials-nd-1932-ah1311-pick-20a-pcgs-choice-about-new-58/a/4033-28286.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4033-10232021 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 960-1440 USD