Watch List notes:

Iran. Pahlavi. Bank Melli Iran. Specimen 5 Rials. (SH 1311 - 1932). P-18s. 00000. Dark green on multicolor. Reza Shah portrait at left; Lion and Sun Arms at left. SPECIMEN in red diagonally on front, two punch cancel. American Bank Note Co. Slight handling. Uncirculated..

Estimate: $300 - $400