1 Azadi

The Azadi ("freedom") gold coin series was introduced after the 1979 revolution as a deliberate replacement for the Pahlavi coinage, which bore the deposed Shah's image. The Central Bank issued these in fractional and full denominations as a domestic store-of-value instrument, with demand driven heavily by Iranian new year (Nowruz) gift-giving traditions and hedging against chronic rial depreciation.

The long date range reflects continuous restriking rather than year-by-year production — many coins dated within this span were struck in the same minting run, making date attribution to specific production years largely unreliable.