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10 Rials - Mohammad Rezā Pahlavī
| Issuer | Bank Melli Iran |
|---|---|
| Year | 1948-1951 |
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| Composition | Log in to see details |
| Size | 131 × 68 mm |
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| Obverse description | Blue-grey note with an intaglio portrait of Mohammad Reza Shah Pahlavi in military uniform at right, facing three-quarters left. The centre carries a large ornate guilloche underprint with the denomination ده ریال (Ten Rials) in bold Persian script overlaid, flanked by two manuscript signatures below. The issuer's name بانک ملی ایران (Bank Melli Iran) appears across the top in red script, with the serial number repeated in each corner. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Bank Melli Iran had relied on British printing firms almost continuously since its founding in 1928, and this series is no exception. Harrison & Sons' intaglio work for Iranian issues of this period is competent but unremarkable — the firm was simultaneously handling British colonial currency across three continents, and Iran was one account among many.
Pick 47 spans a three-year window that includes the early turbulence of the oil nationalization crisis, which would peak in 1951 with Mosaddegh's takeover of the Anglo-Iranian Oil Company. Notes from the tail end of this issue circulated during a period of acute economic pressure and public distrust of the government's financial institutions.