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100 Rials

Issuer Bank Melli Iran
Year 1954
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Value 100 Rials (100 IRR)
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Obverse description Printed in rose-red on a light underprint, the obverse bears a portrait vignette of Shah Mohammad Reza Pahlavi in military uniform at right, set within an ornate guilloche frame. A large central medallion with intricate arabesque scrollwork occupies the left field, flanked by the denomination numeral 100 in each corner. The bank title in Persian script appears across the top centre, with the Persian date 1333 inscribed in a cartouche at the bottom centre.
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Reverse description The reverse, rendered in rose-red intaglio on a light underprint, presents a panoramic vignette of an industrial complex — identifiable as the Abadan oil refinery — with tall stacks, distillation towers, and pipelines extending across the central field. The issuer's name appears in Latin script at the top, and the denomination is inscribed in numerals and Latin lettering along the lower margin. Decorative floral borders frame the composition on all sides.
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Comments

Pick 67 was issued under Bank Melli Iran during the years immediately following the 1953 coup that removed Prime Minister Mosaddegh and restored full authority to Shah Mohammad Reza Pahlavi. The political and economic stabilization that followed — including resumed oil revenues after the Anglo-Iranian Oil Company dispute was settled — gave the government room to consolidate the currency series in circulation at the time.

The watermark on this series is a lion-and-sun device, consistent with Bank Melli issues of the period. Foxing and edge toning are common on surviving examples due to the particular cotton stock used across Iranian notes of the early 1950s.

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