Catalog
500.000 Rials
| Issuer | Bank Melli Iran |
|---|---|
| Year | 2000 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Pink-toned cheque-form reverse with the inscription IRAN CHEQUE in large Latin letters at upper center, flanked by the denomination 500,000 at upper right and vertical numerals 500,000 at left. The lower portion carries the English legend FIVE HUNDRED THOUSAND RIALS. Blank fields for the bearer's personal details — name, father's name, date of birth, national identification number, and telephone — are printed in Persian script, with a signature line at lower left. |
| Reverse lettering | IRAN CHEQUE 500,000 FIVE HUNDRED THOUSAND RIALS مشخصات دریافت کننده وجه چک: نام: نام پدر: تاریخ و محل تولد: شماره شناسنامه: شماره ملی / شماره مسلسل شناسنامه / شماره گواهینامه: تلفن: نشانی: محل عملیات شعبه |
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| Comments |
By 2000, Iran's inflation-driven denomination spiral had pushed the rial so far that a 500,000-rial note — worth roughly $65 USD at the time of issue — was a practical necessity rather than a prestige piece. Bank Melli Iran, the country's oldest commercial bank and long-serving note-issuing authority before the Central Bank took over that role, had by this point ceded formal currency issuance to Bank Markazi; any 500,000-rial piece attributed solely to Bank Melli warrants close scrutiny of the issuing authority printed on the face.
The P#0 reference signals this note remains unconfirmed in the standard Pick catalogue — a collector's caution flag worth taking seriously before attribution.