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1/4 Azadi
| Issuer | Bank Melli Iran |
|---|---|
| Year | 1987-1991 |
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| Orientation | Coin alignment ↑↓ |
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| Obverse description | Central design features the word 'Ali' (علی) repeated six times arranged in a hexagonal pattern, forming a decorative geometric motif that fills the inner field. The hexagonal arrangement is framed by a raised border with stylized floral or foliate elements at the periphery. The legend 'بانک ملّی ایران' (Bank Melli Iran) is inscribed along the lower portion of the field in Arabic script. The overall composition reflects a calligraphic and geometric artistic style characteristic of Islamic numismatic design. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | علی علی علی علی علی علی بانک ملّی ایران (Translation: Ali [x6] Bank Melli Iran) |
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| Additional information |
The Azadi series was introduced by the Islamic Republic in 1979 as a direct replacement for the Pahlavi gold coinage, which carried the deposed Shah's imagery. The quarter Azadi sits at the smallest denomination of this four-coin gold set, which also includes the half, full, and the larger Bahar Azadi. Issued through Bank Melli — Iran's national bank, founded in 1927 to end reliance on the British-controlled Imperial Bank of Persia — these coins circulated as a hedge against the rial's collapse during the Iran-Iraq War years.
The 1987–1991 window encompasses the war's final phase and its immediate economic aftermath, when gold hoarding among Iranian households accelerated sharply.