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50 Rials Provisional Issue, Type 2

Issuer Bank Markazi Iran
Year 1979
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Value 50 Rials (50 IRR)
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Reverse lettering Bank Markazi Iran 50 Rials
(Translation: Central Bank of Iran 50 Rials)
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Variants P#117a - Overprint on IRAN P-101c signatures: Hasan Ali Mehran & Hushang Ansari
P#117b - Overprint on IRAN P-101d signatures: Hasan Ali Mehran & Mohammad Yeganeh
P#117c - Overprint on IRAN P-101e signatures: Yussef Khoshkish & Mohammad Yeganeh
Comments

When the Islamic Revolution rendered the Pahlavi-era banknote stock politically unusable overnight, Bank Markazi had no time to commission entirely new designs. The solution was practical and crude: overprint existing De La Rue-printed notes to obscure the Shah's portrait, creating a provisional series that bridged the interregnum. This Type 2 issue is distinguished from Type 1 by the style and placement of that overprint.

Three signature combinations exist across the base notes used — Mehran/Ansari, Mehran/Yeganeh, and Khoshkish/Yeganeh — reflecting the rapid turnover of banking officials in the months following February 1979. Khoshkish's appearance marks the later pairings, as the provisional series was still in active use well into the consolidation period.