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10 Rials - Mohammad Rezā Pahlavī
| Issuer | Bank Melli Iran |
|---|---|
| Year | 1958 |
| Type | Standard circulation banknote |
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| Obverse description | Violet and multicolour note with an ornate guilloche border framing the entire face. The denomination 'ده ریال' (Ten Rials) appears in a central medallion with floral underprint, while the bank title in Persian script is inscribed at the top. A portrait vignette of Shah Mohammad Reza Pahlavi in military uniform with medals occupies the right side, set within an arched cartouche, with the left panel reserved for the watermark window. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Harrison & Sons had been printing Iranian banknotes since the early Pahlavi period, and by the late 1950s the relationship was well established — this series benefited from Harrison's intaglio expertise, though the 10 Rial denomination was always the workhorse of everyday transactions and suffered heavy attrition in circulation. The watermark was the primary security feature at this level; thread and foil additions came only with later issues.
Pick 68 sits within a transitional moment for Bank Melli: the Oil Nationalization crisis of the early 1950s had badly strained Iran's foreign exchange, and the relative monetary stability of 1958 reflected the post-Mossadegh settlement with the international oil consortium rather than any organic recovery.