Watch List notes:

Iran. Pahlavi. Bank Melli Iran. 50 Rials. SH 1317 (1938). P-35Ae. Persian serial numbers. Reza Shah at right, Mount Damavand at right; Ancient ruins, Lion and Sun Arms left, Persian text. Red date stamp SH 1320 on back. Tiny edge nick. VF..

Estimate: $100 - $150