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500 Dinar - Mozaffar al-Din Qajar Pattern
| Issuer | Iran |
|---|---|
| Year | 1902 |
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| Shape | Round |
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| Obverse description | Three-quarter facing effigy of Mozaffar al-Din Shah Qajar turned slightly to the right, depicted wearing a tall Qajar court hat (kolah) adorned with a prominent aigrette of radiating feathers, and a military uniform decorated with orders and medals. The bust is framed by an open wreath of oak branches tied at the base, with the Arabic-script royal legend arcing across the upper field. The date in Arabic numerals appears in the exergue below the wreath, and the coin is bordered by a continuous beaded rim. |
|---|---|
| Obverse script | Arabic |
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| Additional information |
Mozaffar al-Din Shah's reign saw Iran's finances in chronic crisis — his European tours, funded largely through two ruinous loans from Russia in 1900 and 1902, drained the treasury while the Belgian-administered customs administration struggled to service the debt. Pattern issues from this period reflect repeated attempts to rationalize the coinage system, most of which never advanced to circulation strikes. KM#Pn28 is among several 1902 patterns that appear to have been prepared for royal or ministerial approval rather than any serious production run.
The .900 fine standard aligns with reform proposals circulating at the Tehran mint during this period, influenced in part by European advisors.