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5 Tomans Nasr-ed-Din Shah
| Issuer | Imperial Bank of Persia |
|---|---|
| Year | 1924-1932 |
| Type | Log in to see details |
| Value | 5 Toman (تومان) (50) |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Green and brown-lilac bicolour print with a portrait vignette of Nasr-ed-Din Shah at right, accompanied by the Iranian government seal. The design incorporates intricate guilloche underprint patterns typical of Waterlow & Sons engraving work. Persian inscriptions identify the issuing authority and denomination, with a blank space reserved for the payable city name. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | PAYABLE AT TEHERAN ONLY THE IMPERIAL BANK OF PERSIA FIVE 5 FIVE TOMANS WATERLOW & SONS LIMITED LONDON WALL LONDON E.C. |
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| Comments |
The Imperial Bank of Persia was a British-chartered institution, established in 1889 under a concession granted by Nasr-ed-Din Shah, and it held the exclusive right to issue banknotes in Persia for decades. That the bank continued printing notes bearing Nasr-ed-Din Shah's portrait well into the 1920s — long after his 1896 assassination and through the effective end of the Qajar dynasty — reflects the slow administrative inertia of a concessionary bank more answerable to London than to Tehran.
Waterlow & Sons printed the series, as they did much of the bank's output. By 1932, the newly consolidated Bank Melli Iran had absorbed the note-issuing privilege entirely, ending the Imperial Bank's monetary role in the country.