1/4 Pahlavī - Mohammad Rezā Pahlavī

The quarter Pahlavi sits at the practical end of the Iranian gold series — small enough to function as an accessible savings vehicle for the Iranian middle class during the oil-boom decades, when the government actively encouraged gold coin ownership as a hedge against inflation. Mohammad Reza Shah's administration maintained the Pahlavi gold series continuously from his father's reign, preserving the denomination structure Reza Shah had introduced in 1927 to modernize Iran's monetary system away from the older toman-based coinage.

The Imperial Iranian Mint struck these across a long production window, and quality consistency across the run is notably uneven.