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50 Dīnār - Moẓaffar od-Dīn Qājār

Issuer Iran
Year 1901-1919
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Shape Round
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Obverse script Arabic
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Reverse script Arabic
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Additional information

Moẓaffar od-Dīn Shah's reign was defined largely by debt — two massive Russian loans secured in 1900 and 1902 came with terms that effectively handed Tehran's customs revenues to St. Petersburg as collateral. The introduction of copper-nickel fractional coinage in this period was part of a broader monetary rationalization pushed by Belgian advisors running Iran's customs service, the same administrators whose presence fed growing resentment that would boil over into the Constitutional Revolution of 1906.

The type's long date range across multiple Schön references reflects continued striking under Moḥammad-ʿAlī Shah and Aḥmad Shah on the same basic design — institutional inertia rather than any deliberate continuity policy.

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