Catalog
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| Issuer | Imperial Bank of Persia |
|---|---|
| Year | 1924-1932 |
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| Value | Log in to see details |
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| Reference(s) | P#16 |
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|---|---|
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| Reverse lettering | PAYABLE AT TEHERAN ONLY. THE IMPERIAL BANK OF PERSIA FIFTY TOMANS 50 BRADBURY WILKINSON & Co. Lt ENGRAVERS NEW MALDEN SURREY ENGLAND |
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| Protection type | Watermark |
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| Comments |
The Imperial Bank of Persia was a British-chartered institution — its concession granted by Nasir al-Din Shah in 1889 gave it the exclusive right to issue banknotes in Iran. That concession was deeply controversial and never fully accepted by Iranian merchants or nationalists, which shaped public trust in the bank's paper throughout its operational life. The 50 Toman denomination was high enough to see primarily mercantile use rather than everyday circulation, which accounts for the relative scarcity of worn examples.
The note continued to bear Nasir al-Din Shah's name well into the Pahlavi period — he had been assassinated in 1896. Bradbury Wilkinson printed the series at New Malden through the full 1924–1932 window without significant plate revision.