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20 Rials Mohammad Rezā Pahlavī

Issuer Bank Markazi Iran
Year 1958-1961
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Reference(s) P#72
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Obverse lettering بانک مرکزی ایران
بیست ریال
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Protection description Portrait watermark of Mohammad Reza Shah Pahlavi
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Comments

Harrison & Sons held the Bank Markazi Iran contract through much of the late 1950s and into the 1960s, producing a series that bridged the post-Mossadegh political consolidation and the Shah's accelerating modernization push. The 1958 start date places this issue just a few years after the 1953 coup that restored Mohammad Reza to effective power, a moment that had briefly interrupted Iranian central banking operations entirely.

P#72 is among the more routinely encountered notes from this Harrison-printed run, having circulated heavily in a cash-dominant economy. Worn examples vastly outnumber anything approaching uncirculated.

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