Watch List notes:

(x) Imperial Bank of Persia, specimen proof 3 tomans, ND (1890-1923), no serial numbers, signatures or black overprints at reverse,, (Pick 2As, BNB B104s), in PCGS holder, details, 40 Extremely Fine (stains), perforated cancelled. Rare type with red SPECIMEN overprint and without black overprints at reverse.

Estimate: £2500 - £4500