Watch List notes:

Iran. Pahlavi. Bank Melli Iran. Specimen 100 Rials. SH 1316 (1937). P-36s. A/I 000000. Light brown on multicolor. Bare-headed Reza Shah ¾ left at right, Bank Melli at center; Ship at center, French text. SPECIMEN No. 29 in black lower front edge, DE LA RUE & CO LTD SPECIMEN CANCELLED oval in black lower right, two punch cancel. Rare. AU..

Estimate: $800 - $1200