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500 Dinar Gold - Mozaffar ad-Din Qajar
| Issuer | Iran |
|---|---|
| Year | 1901 |
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| Currency | Qiran (1825-1932) |
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| Obverse description | Draped and uniformed bust of Mozaffar ad-Din Shah Qajar facing three-quarters right, portrayed in military dress with visible epaulettes and decorations. Oak sprigs flank the base of the effigy, lending a formal, regal character to the composition. The Persian legend naming the Shah as Sultan and Shahanshah of Iran appears in the field, with the AH date 1319 inscribed below the portrait. |
|---|---|
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| Obverse lettering | السلطان مظفرالدین شاه قاجار شاهنشاه ایران ۱۳۱۹ |
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| Additional information |
Mozaffar ad-Din Shah's reign was financially catastrophic for Iran. To fund his three European tours — extravagant trips that scandalized reformist opinion — he took out ruinous loans from Russia in 1900 and 1901, surrendering Iranian customs revenues as collateral. Small gold emissions like this 500 Dinar piece were struck against a backdrop of a treasury that was effectively mortgaged to a foreign power. The concessions attached to those loans directly fueled the Constitutional Revolution of 1906, which Mozaffar ad-Din Shah, by then terminally ill, was compelled to sign into law five days before his death.