Catalog
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| Issuer | Banque Mellié Iran |
|---|---|
| Year | |
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| Value | 500 Rials |
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| Obverse description | Printed in blue intaglio throughout, the obverse carries a portrait of Reza Shah Pahlavi in military uniform at right, set against a guilloche underprint with floral ornamental borders. At centre, the imperial Lion and Sun vignette is framed within a circular medallion, flanked on both sides by figures of ancient Persian Achaemenid guardsmen. All four corners bear the zero-serial number A/1 000000, indicating trial status, with Persian inscriptions denoting the denomination and issuing authority at top. |
|---|---|
| Obverse lettering | بانک ملی ایران پانصد ریال پنج پهلوی |
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| Comments |
Pick 36B belongs to the Banque Mellié Iran series issued before the institution was reorganized and rechartered as Bank Markazi Iran in 1960. The Banque Mellié — formally the National Bank of Iran — had held the note-issuing monopoly since 1928, when Reza Shah ended the decades-long privilege of the British-controlled Imperial Bank of Persia. The dual denomination expressed in both Rials and Pahlavis reflects a transitional convention; the Pahlavi unit, equal to 100 Rials, was introduced to honor the dynasty and appeared on higher-value notes through much of the mid-century series.
Signature combinations are the primary variety determinant within this Pick number, and misidentification between 36A and 36B is common in dealer inventory.