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| Issuer | Imperial Bank of Persia |
|---|---|
| Year | 1924-1932 |
| Type | Standard circulation banknote |
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| Obverse description | Green and multicolour note with an oval portrait vignette of Nasr-ed-Din Shah at right, wearing a tall astrakhan hat and decorated military dress. A large central guilloche medallion carries the denomination in Persian script (دو تومان), surrounded by intricate geometric underprint work in green and orange tones. The issuing bank name appears in Persian script across the top, with two manuscript signatures at lower centre and an official circular government seal, alongside a city-specific payability overprint reading "PAYABLE AT BUSHIRE ONLY" at the foot of the note. |
|---|---|
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| Reverse description | Printed in blue and red, the reverse centres on a large ornate numeral "2" in red set within a circular guilloche underprint, flanked by two further circular guilloche rosette vignettes — a detailed blue geometric star pattern at left and a plain reserved circle at right. The bank title "THE IMPERIAL BANK of PERSIA" is set in a straight panel at top centre, with "TWO TOMANS" in bold letterpress at the base. Serial numbers appear in all four corners, and the printer's imprint "Bradbury Wilkinson & Co Ltd London" is present at lower centre. |
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The Imperial Bank of Persia was a British-chartered institution, established in 1889 under a concession granted to Baron Julius de Reuter — the same Reuter of the news agency. It held the exclusive right to issue banknotes throughout Persia, a privilege that generated persistent resentment from Persian nationalists and, eventually, from the Pahlavi government that replaced the Qajar dynasty in 1925. This note continued circulating under Reza Shah's new regime despite bearing the name of his predecessor's dynasty.
Pick 12 was issued across a span that brackets the 1921 coup and the formal end of the Qajar line. Bradbury Wilkinson held the printing contract throughout.