Catalog
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| Issuer | Iran |
|---|---|
| Year | 1927-1929 |
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| Reference(s) | KM#1115 |
| Obverse description | Right-facing three-quarter portrait bust of Reza Shah Pahlavi I, wearing military uniform and Pahlavi cap. The effigy is surrounded by a beaded inner circle. The Persian legend reading 'Pahlavi, Shahanshah of Iran, Accession Azar 1304' (December 1925) arcs around the portrait. The date of coinage appears in the field. Oak and olive branches frame the design on either side. |
|---|---|
| Obverse script | Arabic |
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| Additional information |
Reza Shah's gold coinage of 1927–1929 was introduced as part of a sweeping monetary modernization program that abolished the old qajar-era currency system and established the Imperial Bank of Persia's replacement, the Bank Melli Iran, founded in 1927. The new denomination structure was explicitly modeled on European decimal systems — a deliberate signal to foreign powers that Iran was a modern state capable of managing its own financial institutions without British or Russian intermediaries.
The .900 fineness matches the standard adopted across the new Pahlavi gold series, aligning Iranian coinage with international gold standards of the period.