Watch List notes:

IRAN: 50 Rials (ND 1969-71) in green on orange and blue unpt. Ornate design at center and portrait of Shah Pahlavi (type VII) in army uniform at right on face. S/N: "122/374451". WMK: Young Shah Pahlavi. Signature #11. Printed by (H&S). Inside holder by PMG "Gem Uncirculated 66 EPQ". (Pick 85a).