Moẓaffar od-Dīn became crown prince in 1861 and waited nearly thirty-four years in Tabriz before his father Nāṣer od-Dīn Shāh was assassinated in May 1896. He finally reached Tehran to claim the throne deeply in debt, having borrowed heavily from the Russian Imperial Bank during his long tenure as provincial governor. The 10 Tumân was the prestige denomination of the Qājār monetary system, and issues from his early reign were struck under considerable fiscal pressure — foreign loans negotiated almost immediately after his accession shaped both monetary policy and the wider political trajectory of Iran through the Constitutional Revolution of 1906.
Moẓaffar od-Dīn became crown prince in 1861 and waited nearly thirty-four years in Tabriz before his father Nāṣer od-Dīn Shāh was assassinated in May 1896. He finally reached Tehran to claim the throne deeply in debt, having borrowed heavily from the Russian Imperial Bank during his long tenure as provincial governor. The 10 Tumân was the prestige denomination of the Qājār monetary system, and issues from his early reign were struck under considerable fiscal pressure — foreign loans negotiated almost immediately after his accession shaped both monetary policy and the wider political trajectory of Iran through the Constitutional Revolution of 1906.
KM#998 is the first-year type of his reign.