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100 Rials Pahlavi Dynasty

Issuer Bank Markazi Iran
Year 1976
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Currency Second Rial (1932-date)
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Reverse description The central design is a circular medallion enclosing the Pahlavi Crown above Persian inscriptions and the Imperial calendar year 2535, surrounded by a ring of fifty large dots symbolising the fifty years of Pahlavi rule. The overall colour scheme is purple and lavender on a light blue guilloche ground, with elaborate arabesques and floral scrollwork filling the field. The bilingual issuer name BANK MARKAZI IRAN appears at top centre in Roman lettering, with the denomination 100 RIALS at lower right.
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Protection type Watermark
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Comments

Pick 108 belongs to the final series issued under Mohammad Reza Shah before the 1979 revolution ended the Pahlavi dynasty entirely. By 1976 — the year Iran formally adopted the Imperial calendar, resetting the date to 2535 — the country was flush with oil revenues and the rial was superficially stable, but inflationary pressure was already building beneath that surface.

Thomas De La Rue had printed Iranian notes continuously since the early Pahlavi period, a relationship that ended abruptly when the revolutionary government severed ties with foreign printers. This issue predates that break by roughly three years.

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