Catalog
1.000.000 Rials
| Issuer | Bank Melli Iran |
|---|---|
| Year | 2000 |
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| Shape | Rectangular |
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| Obverse description | Pale blue-bordered cheque or order form issued by Bank Melli Iran for one million rials, with a central guilloche rosette underprint in the background. A green mythical griffin vignette occupies the right portion of the face, with the bank name in Arabic script in the upper right. Handwritten notations, stamped impressions, and a serial number in red and blue ink appear across the face alongside the denomination stated in Persian numerals and script. |
|---|---|
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| Reverse description | The reverse carries handwritten personal identification particulars in Persian script, including the bearer's name, identification number, driving licence number, date and place of birth, and serial reference numbers. Two ink signatures and a red official stamp are applied across the centre and lower left. |
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| Comments |
Bank Melli Iran's one million rial note arrived at a point when that denomination, once unthinkable in Iranian retail banking, had been rendered almost mundane by decades of post-revolutionary inflation. The rial had lost roughly 99% of its value against the dollar between 1979 and 2000, driven by the combined pressures of the Iran-Iraq War, international sanctions, and chronic oil-revenue dependency.
The Pick catalog had not assigned this note a number at the time of cataloging — the P#0 placeholder reflects an unlisted or recently issued piece not yet formally classified, which occasionally creates attribution problems at auction.