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5 Toman - Mozaffar al-Din Qajar mule

Issuer Iran
Year 1901
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Weight 14.33 g
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Obverse lettering طهران السّلطان الاعظــــم و الخاقان الافخم مظفرالدین شاه قاجار ۱۳۸۱ ۱۱ ده تومان
Reverse description The reverse displays the imperial Qajar arms: a lion passant to the right, holding an upright sword in its right forepaw, set against a radiant rising sun behind its back. The lion and sun device is mounted on a decorative platform and is surrounded by a wreath composed of olive and oak branches tied at the base with a floral ornament. The entire composition is rendered in high relief with fine detail, consistent with the milled coinage of the Tehran mint in the late Qajar period. A beaded border encircles the design along the rim.
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Additional information

A mule in the strictest sense: this piece combines dies from different denominations or issues that were never intended to pair. Mozaffar al-Din Shah's reign saw chronic administrative disorder at the Tehran and Tabriz mints, and mismatched die usage — whether accidental or the result of a moneyer cutting corners — was not exceptional enough to trigger automatic rejection. Most mules from this period entered circulation without remark.

Mozaffar al-Din contracted significant foreign loans from Russia in 1900 and 1902 to fund European travel, mortgaging customs revenues in the process. The financial strain on the mint during this window was real.

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