Watch List notes:

(g) Persia, Pahlavi Dynasty, Mohammad Reza Shah (1941-1979), Proof Gold Medal, Golden Jubilee of the National Bank of Iran, 900 fine gold, MS2535 (1976), conjoined busts of the Shah and his father Reza Shah, rev. bank emblem over facade of the central bank building, milled edge, 39.67g, a handful of very faint fingermarks and hairlines in fields, otherwise some spots of red toning to brilliant fields, practically as stuck, in original case of issue.

Estimate: £1700 - £1800