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1 Gerami Azadi Bullion

Issuer Central Bank of the Islamic Republic of Iran
Year 2011
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Weight 1.01 g
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Obverse description Central device features the stylized hexagonal emblem of the Central Bank of the Islamic Republic of Iran, consisting of interlocking geometric forms rendered in high relief within a double-bordered hexagonal frame. The field surrounding the central emblem is decorated with stylized floral and foliate motifs in the traditional Persian artistic style. The Arabic legend 'بانک مرکزی جمهوری اسلامی ایران' (Bank Markazi Jomhouri Eslami Iran) curves along the lower portion of the coin within a dotted border. The entire design is enclosed by a reeded edge typical of the Bahar Azadi bullion series.
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Reverse description Left-facing bearded bust of Imam Ali ibn Abi Talib, depicted wearing a traditional turban, rendered in bold relief occupying the central field of the coin. The portrait is executed in a stylized manner consistent with the Bahar Azadi coinage tradition, with fine detail in the beard and facial features. The field is plain, and the design is framed by a finely reeded border running around the full circumference of the coin.
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Additional information

The Azadi ("Freedom") gold coin series was introduced in 1979 following the Islamic Revolution, replacing the Pahlavi coinage issued under Mohammad Reza Shah. The 1-gerami fractional denomination targets domestic retail gold investment, a market the Central Bank has long used as a pressure valve against currency instability — particularly acute after 2010, when intensifying international sanctions began collapsing the rial's purchasing power.

By 2011–2012, private Iranian households were aggressively converting rial savings into Azadi fractionals, driving premiums well above gold spot.

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