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500 Dinar - Naser al-Din Qajar Pattern

Issuer Iran
Year 1876
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Orientation Coin alignment ↑↓
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Reverse lettering ۱۲۹۳
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Mintage 1293 (1876)
Additional information

This pattern was struck in 1876 during a period when Naser al-Din Shah was actively modernizing the Iranian monetary system, partly under pressure from European creditors and trading partners demanding a rationalized coinage. Pattern issues of this reign were frequently produced at the behest of the mint administration to demonstrate technical capability — and to court foreign approval — rather than from any firm legislative intent to issue the denomination.

KM#Pn13 never entered circulation. The 500 dinar denomination at this fineness existed in an uncomfortable gap between the practical demands of the bazaar economy and the Shah's ambitions for a Western-style decimal system, which would only be partially realized before his assassination in 1896.

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