Catalog
| Issuer | Bank Markazi Iran |
|---|---|
| Year | 1961 |
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| Composition | Log in to see details |
| Size | 130 × 67 mm |
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| Obverse description | Blue on green with orange underprint. A central guilloche vignette is flanked by ornamental geometric designs, with a Type V portrait of Shah Mohammad Reza Pahlavi in military uniform at right. The issuing authority inscription in Farsi appears at top, with denomination indicated in numerals within the overall decorative framework. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection description | Young Shah Pahlavi portrait watermark |
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| Comments |
Bank Markazi Iran — the central bank — was established by law in May 1960, replacing the Bank Melli Iran in its note-issuing function. This 10 Rials note, issued in 1961, belongs to the very first series released under the new institution, making it an early output of what was effectively a newly constituted monetary authority. Harrison & Sons had a long-standing relationship with Iranian note production going back decades, and the High Wycombe plant handled much of the Shah-era output through this period.
Watermark security on these early Bank Markazi issues was relatively modest by the standards Harrison applied to other clients at the time.