Catalog
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| Issuer | Bank Markazi Iran |
|---|---|
| Year | 1959-1977 |
| Type | Standard circulation coin |
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| Obverse description | Central field displays the large Persian numeral '2' above the word 'ریال' (Rial) in Arabic script, all enclosed within an open wreath of oak and olive branches tied at the base. The royal Pahlavi crown appears at the top center above the wreath. The circular legend 'محمد شاه شاهنشاه ایران' (Mohammad Shah Shahanshah Iran) runs along the upper periphery, with the Iranian solar hijri date rendered in Eastern Arabic numerals at the base of the design. |
|---|---|
| Obverse script | Arabic |
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| Additional information |
This denomination ran across nearly two decades of Pahlavi-era monetary policy, a period when Iran's oil revenues were reshaping the economy faster than the rial's purchasing power could keep pace. The 1973 oil embargo windfall accelerated inflation sharply, and by the mid-1970s coins of this value had become largely ceremonial in daily commerce.